operating a chain of electronic stores
You own and operate a chain of electronic stores in Texas and you are considering expanding your inventory to include tablet work stations for small businesses. There is only one supplier of the brand of tablets you would like to stock in your store, and that firm is located in Mexico. You have researched the current spot and forward rates between the U.S. and Mexico, as indicated in Table-1:
|TABLE-1||Spot Rate||30-Day Forward||90-Day Forward||180-Day Forward|
Use the following file naming convention: LastnameFirstInitial_M4_A2.doc. For example, if your name is John Smith, your document will be named SmithJ_M4_A2.doc.
By Wednesday, August 13, 2014, deliver your assignment to the M4: Assignment 2 Dropbox.
|Assignment 2 Grading Criteria||
|Correctly completed Table-1, Peso/Dollar conversion.||
|Correctly calculated the conversions from pesos to dollars.||
|Correctly determined the maximum costs that could be incurred that would allow minimal profit goals.||
|Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.||