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Pharma just received revenues of $3,163,500 in Australian dollars (A$). Management has the following exchange rates: A$2.695/ and $1.5906/. What is the US dollar value of the co…
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Pharma just received revenues of $3,163,500 in Australian dollars (A$). Management has the following exchange rates: A$2.695/ and $1.5906/. What is the US dollar value of the co…
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Jun 16, 2020
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Pharma just received revenues of $3,163,500 in Australian dollars (A$). Management has the following exchange rates: A$2.695/ and $1.5906/. What is the US dollar value of the company's revenues?
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Answer:
Explanation:
3163500(US1.5906/A2.695)
3163500x0.5902
1867111 US$
Pengchy
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Jun 22, 2020
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