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Bristow Home Improvement imports lumber from Canada. Each unit of lumber costs 8 Canadian dollars. The company sells the lumber in its European stores for
Bristow Home Improvement imports lumber from Canada. Each unit of lumber costs 8 Canadian dollars. The company sells the lumber in its European stores for 8 euros. Currently, exchange rates are: $1 Canadian = $0.6784 U.S and 1 euro = $0.7900 U.S.
How much profit measured in U.S. dollars does Bristow make on each unit of lumber sold?
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