The Swiss interest rate for government securities with a one-year maturity is 4% and inflation is expected to be 2%. The US interest rate on similar securities is 7% and inflation is expected to be 5%. The current spot rate is SF1.4600. Using the Fisher effect, what is next year's likely spot rate

Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?