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In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to keep ...

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In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to keep ...

In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to keep the price of electronics in Canada equivalent to the price of electronics in its US stores before taxes. If a TV is sold for $700 in US stores, what should be the sale price of the same TV in Canadian stores? Use the exchange rate of US$0.966 per C$.
A) $700
B) $724.64
C) $676.20
D) $641.27
E) $619.47

Textbook

Contemporary Business Mathematics with Canadian Applications

Edition: 11^th

Authors: Hummelbrunner, Halliday, Hassanlou, Coombs

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Axy

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唐紫晋

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3 years ago

In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to keep the price of electronics in Canada equivalent to the price of electronics in its US stores before taxes. If a gaming console is sold for $649 in US stores, what should be the sale price of the same console in Canadian Walmart locations? Use the exchange rate of US$0.7660 per C$1.

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Chris G.

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Mohamud M.

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TY :)

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