Determine the profitability of the international business by using foreign exchange calculations for the first and second scenarios.
Using the information above, create a short business memo that explains the profitability, viability, and importance of considering foreign exchange on the basis of the scenarios below. The company uses the spot rate on April 1st to convert its sales revenue in MYR to U.S. dollars. On January 1st, the company uses that day’s forward […]