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Home Q & A Board Science-Related Homework Help Mathematics
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CLopez678 CLopez678
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A year ago
Roger's Manufacturing, Inc. has contracted to sell certain goods to a company in Saudi Arabia. The price agreed upon for the goods is 250,000 Saudi Arabian Riyals. On the date the contract was signed, the Foreign Currency in Dollars column in the financial section of the local paper showed that the Saudi Arabian Riyal was valued at .2267. If the value of the Saudi Arabian Riyal fell from .2267 to .2006 on the date of payment, compute how much Roger's Manufacturing, Inc. lost by contracting in Saudi Arabian Riyals instead of U.S. Dollars.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
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jp50jp50
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CLopez678 Author
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A year ago
Smart ... Thanks!
bkrandy
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Yesterday
Helped a lot
klyn
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2 hours ago
this is exactly what I needed
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