Suppose your company imports computer motherboards from, Financial Management

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Suppose your company imports computer motherboards from

Suppose your company imports computer motherboards from Singapore. You have just placed an order for 35,000 motherboards at a cost to you of 147.90 Singapore dollars each. You will pay for the shipment when it arrives in 120 days. You can sell the motherboards for $134 each. The current exchange rate is S$1.1412/$. What is your profit at the current exchange rate?

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