Refer to the table above. An international seafood supplier is offered 9.52 million yen today for 1000 pounds of abalone frozen in the shell
One thousand pounds of abalone can be sourced from various countries at the prices shown above. The current market exchange rates between the United States and the other relevant currencies are also shown. In addition, $1 U.S. = 102 yen. What is the value, in U.S. dollars, of the best deal the international seafood supplier can make?
A) $12,333
B) $14,333
C) $14,833
D) $13,333
Answer: D
You might also like to view...
Citrus Fruits Inc., a beverages company, was shut down because of public allegations about the quality of its products. After a period of 10 years, the former CEO of the company decided to start up the company again. Analyzing the situation, what measures should the revamped company undertake in order to emerge successful?
A. Hire more employees B. Provide low wages and salaries C. Improve the quality and ethics in production D. Use more vendors and suppliers E. Enhance its customer services department
Which of the following is a disadvantage of decentralization?
A) It results in increased customer response time. B) It allows only the top management to make decisions. C) It does not motivate employees because the decision-making powers are not delegated. D) It results in problems with achieving goal congruence.