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Converting currencies A Swiss business just completed transactions in America and England. It is now holding $210,000 and 610,000 and wants to convert to Swiss

Converting currencies

A Swiss business just completed transactions in America and England. It is now holding $210,000 and 610,000 and wants to convert to Swiss francs and will use the following exchange rates.

USD/SFR $1.046 = 1 SFR
GBP/USD 0.681 = $1

What are the proceeds after converting to Swiss francs? (Don't round intermediate calculations. Round your final answer to nearest Swiss franc)

Proceeds $ SFR

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