6. A subsidiary company has earned profits of $13,567,891 and the average exchange rate during the year

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6. A subsidiary company has earned profits of $13,567,891 and the average exchange rate during the year is £1 ¼ $1.66. In £ terms the profit is?

& $13,567,891

& £6,783,945

& £8,173,428

& £13,567,891

& $8,173,428

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