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Asempa Ltd expects has just received an invoice ofUSD 2 million for the inputs they are importing from the US . The accountant received a

Asempa Ltd expects has just received an invoice ofUSD 2 million for the inputs
they are importing from the US. The accountant received a quote of
GHS1.4325/USD from their bankers. How much GHS does the company need
for the settlement of the USD denominated bill if the conversion is executed at the
quoted rate?
A) GHS 2,865,000.00.
B) GHS 2,960,000.00.
C) GHS 2,865,000.00
D) GHS 2,876,000.00

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