Question
1.ABC Company has projected Sales of$25,797in January.The sales are expected to grow by9%each month.ABC's collection schedule is as follows: ABC collects77percent of its sales in
1.ABC Company has projected Sales of$25,797in January.The sales are expected to grow by9%each month.ABC's collection schedule is as follows:
ABC collects77percent of its sales in the month of sale and theremainderis collected in thefollowingmonth. What is the amount of the Aprilcashcollections?
2.You are given the following quotes:
U.S. dollar/BrazilianReal = 0.3025
U.S. dollar/Australian Dollar = 0.7653
U.S dollar/Chinese Yuan = 0.1746
What is the Brazilian Real/Australian Dollar cross rate?
3.Your friend from Netherlands is planning to visit you in the United States. You estimate the cost of her trip at $2,531. What is the cost to her ineurosif 1Euro= $1.1559?
4.The exchange rate is 0.9831 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 1 Swiss franc?
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