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Homework 6 (related with the 7th Week, 29th Reading Material and 12th Week, 64'h and...

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Accounting

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Homework 6 (related with the 7th Week, 29th Reading Material and 12th Week, 64'h and 67h Reading Material): This is a German firm exporting respirators to the Croatian hospitals during the pandemic through a Croatian distributor. Invoice Price of a Respirator of a German Exporter 320 Sales Volume 17,500 Spot Exchange Rate (HRK/E) 7.60 Risk Sharing Band (HRK/) 6.84-8.36 By equal risk sharing of both parties beyond the band, calculate the cost of all exports of respirators to the Croatian distributor on the Croatian Kuna (HRK) basis and the sales revenue of the German firm on the Euro basis a) at the spot exchange rate. b) at the exchange rate (HRK/6)= 7.15 c) at the exchange rate (HRK/)= 6.57 d) at the exchange rate (HRK/6)=8.93 e) which party does benefit in these cases

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