mauna loa macadamia mauna oa macadamia macadamia nut subsidiary of hershey with plantations on the slopes of its namesake volcano in hilo hawaii exports macadamia nuts worldwide the japane 07776

SOLVED: Mauna Loa, a macadamia nut subsidiary of Hershey's, is located on the slopes of its namesake volcano in Hilo, Hawaii. It exports Macadamia nuts worldwide. The Japanese market is its biggest export market, with average annual sales invoiced in yen to Japanese customers of ¥1,200,000,000. At the present exchange rate of ¥128.4/, sales are relatively equally distributed throughout the year. They show up as a ¥250,000,000 account receivable on Mauna Loa’s balance sheet. Credit terms to

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