Alcor Pharma just received revenues of $3,165,300 in Australian dollars (A$). Management has the following exchange rates:

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Alcor Pharma just received revenues of $3,165,300 in Australian dollars (A$). Management has the following exchange rates: A$1.8010/£ and $1.5906/£. What is the U.S. dollar value of the company’s revenues?

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Fundamentals of Corporate Finance

ISBN: 978-1119371403

4th edition

Authors: Robert Parrino, David S. Kidwell, Thomas Bates

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Question Posted: Feb 07, 2019 04:32 AM

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Alcor Pharma just received revenues of $3,165,300 in Australian dollars (A$). Management has the following exchange rates:

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Revenues received by Alcor Pharma A3165300 To d...View the full answer

Fundamentals of Corporate Finance

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