|
Title: Assume a U.S. company sells merchandise to a French customer for $200,000 when the exchange rate is ... Post by: castillo66 on Mar 3, 2017 Assume a U.S. company sells merchandise to a French customer for $200,000 when the exchange rate is $1.5 per euro. At the end of the month, the euro is trading at 1.47, and in the middle of the next month when payment is received, the exchange rate is 1.53. If the U.S. company receives payment in dollars, what is the value of the sale at the end of the month for the U.S. company?
A) $200,000 B) $294,000 C) $300,000 D) $306,000 Title: Re: Assume a U.S. company sells merchandise to a French customer for $200,000 when the exchange rate ... Post by: vindalo on Mar 3, 2017 Content hidden
Title: Re: Assume a U.S. company sells merchandise to a French customer for $200,000 when the exchange rate is ... Post by: castillo66 on Apr 19, 2017 I had the hardest time answering this question, you're my angel
|