Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Finanical aspect of intetnational Business. Calculate the following foreign exchange transactions show your mathematical work. 1.) A U.S. citizen is renting a storage room in

Finanical aspect of intetnational Business. Calculate the following foreign exchange transactions show your mathematical work. 1.) A U.S. citizen is renting a storage room in paris for
$178.62 a week. If one euro equals $1.30 in U.S. funds, how many francs will the citizen need for each week's storage cost. 2.)A U.S. tourist received $7AUS traffic fine in Australia. If each Australian dollar is equal to $0.75 in U. S. money, what is the cost of his traffic fine in U.S dollars? 3 A CD made in the U. S. cost 135 Kroner Norway. If each krone is worth $0.30 in U.S. funds, what is the total cost of the CD in u. S. dollars

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Standard For Auditing Computer Applications

Authors: Martin A. Krist

2nd Edition

0849399831, 978-0849399831

More Books

Students also viewed these Accounting questions