assume that 0.6073 GBP = AUD 1 and GBP 1 = 1.1775 EUR. calculate the direct quotation

Fantastic news! We've Found the answer you've been seeking!

Question:

assume that 0.6073 GBP = AUD 1 and GBP 1 = 1.1775 EUR. calculate the direct quotation for the Euro assuming that the Australia is the home currency.

Ans is EUR 1 = 1.3984

Posted Date: May 19, 2024 12:18 PM

See More Questions

Find the mass and center of mass of the lamina that occupies the region D and has the given density function p. D is the triangular region with vertices (0, 0), (2, 1), (0, 3); (x, y) = x + y
How does the perception process become linked with the manner in which companies manage diversity?
Southwest has mastered the low-price model and has the financial results to prove it. Why dont the other airlines copy Southwests model?
How does an error in the determination of ending inventory affect the financial statements of two periods?(Appendix)
The Valley Times and World News publishes and delivers a morning newspaper 7 days a week. The bundled papers are delivered by trucks to a number of area communities where they are picked up by...
Find the arc length of the curve below on the given interval. X y= + 6 on [1,2] 16x The length of the curve is (Type an exact answer, using radicals as needed.)
Background: In August 2010, the IASB issued an exposure draft proposing changes to the current standard on leases. This current standard requires a lease to be classified as either a finance or...
provide an example of statutory merger& statutory consolidation? and what are some advantages and disadvantages of each statutory merger& statutory consolidation?
The Morgan Corporation manufactures filing cabinets in two operations: machining and finishing. It provides the following information: Annual production (units) Machining Finishing Annual capacity...
If there is excess capacity, the minimum acceptable price for a special order must cover: A. Only variable costs associated with the special order. B. Variable and incremental fixed costs associated...
There are 11 assembly tasks for a product. The task times and predecessor relationships are given in the following table. Task Task Time (sec.) A | B C D E F GH I J K 40 25 31 25 30 34 35 5 15 40 35...
With joint cost, provide an example of allocation using these 3 methods: Physical Units, Net Realizable Value, and Constant Gross Margin Net Realization Value.
Determine the periodic payments on the given mortgage. HINT [ See Example 5 . ] ( Round your answer to the nearest cent. ) a $ 1 , 0 0 0 , 0 0 0 , 3 5 - year, 5 . 4 % mortgage with monthly payments $
Big Jim Company sponsored a picnic for employees and purchased a propane grill equipped with a standard-sized propane tank for the picnic. To make sure there was enough propane for all the cooking...
The following are the accounts of Creative Advertising, Inc., an agency that develops marketing materials for print, radio, and television. The agencys first year of operations ended on January 31,...
Southwest Airlines Co. is one of the most successful airlines in the United States. Its annual report contains this statement: We are a company of People, not Planes. That is what distinguishes us...
Costco Wholesale Corporation is Americas largest membership retail company. According to its letter to stockholders: Our mission is to bring quality goods and services to our members at the lowest...

assume that 0.6073 GBP = AUD 1 and GBP 1 = 1.1775 EUR. calculate the direct quotation

Question:

Expert Answer:

Students also viewed these finance questions