{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

2011 Business 2 Update - 100,000€ x $1/1€ = $100,000...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
2011 Business 2 Update Business 2 Update for the 2011 Edition Last Updated February 9, 2011 SECTION A: TEXT AND LECTURE ERRATA Item A.1 Pgs. B2-48 to B2-54: Certain portions of this section of the B2 lecture have been marked as Ancillary. However, this entire section (pgs. B2-48 to B2-54) should have been marked as Ancillary. This information is not covered by Mike Potenza in the multimedia lecture and should be reviewed by students outside of class. Item A.2 Pg. B2-109, Chart Added by National Instructor Illustrating Economic Exposure There are a few typos in the chart added to the text by the National Instructor, although the National Instructor’s comments are correct. The following is the corrected chart with changes highlighted: QTR 1 QTR 2 Exchange rate $1 U.S. = 1€ Dollar appreciates $0.80 U.S. = 1€ Quantity of widgets sold in Europe $ 10,000 widgets $ 15,000 widgets Total sales (in Euros) 10,000 widgets x 10€ = $ 100,000€ 15,000 widgets x 10€ = 150,000€ Convert € to $U.S.
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 100,000€ x $1/1€ = $100,000 150,000€ x $0.80/1€ = $120,000 COGS 10,000 widgets x $5 = $50,000 15,000 widgets x $5 = $75,000 Profit $100,000 - $50,000 = $50,000 $120,000 - $75,000 = $45,000 Profitability ($100,000 - $50,000)/$100,000 = 50% ($120,000 - $75,000)/$120,000 = 37.5% SECTION B: PASSMASTER, SIMULATIONS, & QUIZZES ERRATA None SECTION C: TEXT AND LECTURE ADDITIONAL OR ENHANCED INFORMATION None SECTION D: PASSMASTER, SIMULATIONS, & QUIZZES ADDITIONAL OR ENHANCED INFORMATION None EDITORS’ COMMENTS Some of the Items above have come from our internal review process, some have come from questions and comments from Becker instructors around the world, and some have come from questions asked by various candidates, either from Becker Academic Support or in online or live classes. We wish to thank all of these individuals as a group for their efforts to improve our materials. 1 © 2010 DeVry/Becker Educational Development Corp. All rights reserved....
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern