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14. On 1 January 2014 Antique Furniture Importers acquires furniture from a supplier in Europe. The furniture is shipped f.o.b. from Brussels on 1 January
14. On 1 January 2014 Antique Furniture Importers acquires furniture from a supplier in Europe. The furniture is shipped f.o.b. from Brussels on 1 January 2014. The cost of the furniture is 600 000. The amount has not been paid at 31 January 2014. Exchange rates are as follows: 1 January 2014 AS1.00 = 0.59 31 January 2014 A$1.00 = 0.46 What is the amount payable at 1 January and 31 January 2014 in Australian dollars (rounded to the nearest whole A$)? Did the Australian dollar strengthen or weaken? a b 1 January 2014 5246 000 31 January 2014 5324 000 The Australian dollar weakened 1 January 2014 51 016 949 31 January 2014 S1 304 348 The Australian dollar weakened. 1 January 2014 51 463 415 31 January 2014 S1 111 111 The Australian dollar weakened. 1 January 2014 S354 000 31 January 2014 5276 000 The Australian dollar strengthened. c d
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