Question
Celio, Inc. sold equipment to a French firm and will receive 1,249,425 in 30 days. If the company entered a forward contract to sell the
Celio, Inc. sold equipment to a French firm and will receive 1,249,425 in 30 days. If the company entered a forward contract to sell the euros at the 30-day forward rate of $1.5512/, what is the dollar revenue received? (Round your final answer to the nearest dollar.)
Question 6 options:
| $1,938,108 | ||||||||
| $1,249,425 | ||||||||
| $805,457 | ||||||||
| $1,312,224
Evidence of globalization include Question 8 options:
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