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Anika who lives in Vancouver, purchased a piece of equipment from Australia for A$45,400. He was charged 19% duty, 5% GST, and 7% PST
Anika who lives in Vancouver, purchased a piece of equipment from Australia for A$45,400. He was charged 19% duty, 5% GST, and 7% PST to import it. Calculate the total cost of the equipment. Assume that the exchange rate was C$1 = A$1.0275. Tax is charged on the price of the equipment after applying the duty. What was the total cost of the equipment? $0.00 Round to the nearest cent
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
