One year ago, a u. s. investor converted dollars to yen and purchased 100 shares of nardasausau stock in a japanese company at a price of 3,150 yen per share. the total purchasing cost was 315,000 yen. at the time of purchase, in the currency market 1 yen equaled $0.00952. today, nardasausau stock is selling at a price of 3,465 yen per share, and in the currency market $1 equals 130 yen. the stock does not pay a dividend. if the investor were to sell the stock today and convert the proceeds back to dollars, what would be his realized return on his initial dollar investment from holding nardasausau stock?

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?