Question
If a nice resort costs 1000 Reals and US manufactured tractors cost $5000USD. Use the exchange rates below and convert appropriately to fill in the
If a nice resort costs 1000 Reals and US manufactured tractors cost $5000USD. Use the exchange rates below and convert appropriately to fill in the four columns.
| Exchange rate | Hotel cost in USD | Effect Brazil Tourism | Tractor cost in Reals | Effect US Tractor sales |
| 1 USD=5 Reals | $ ____ USD | N/A | _____Reals | xxxxxx |
| 1 USD = 8 reals | $ _____ USD | Incr. Or Decr. (choose) | _____Reals | Incr. Or Decr. (choose) |
| 1 USD = 4 Reals | $ _____USD | Incr. Or Decr. | _____Reals | Incr. Or Decr. |
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
