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Last year Leather Boot, Inc. had investments in Paris worth 470,000 euros. At that time, the euro was worth $1.19. Today the euro is trading
Last year Leather Boot, Inc. had investments in Paris worth 470,000 euros. At that time, the euro was worth $1.19. Today the euro is trading for $1.21. What is the gain or loss in value of the inventory expressed in dollars and in euros? Use a minus sign to enter the amount as a negative value. Round your answers to the nearest whole number. If your answer is zero, enter 0.
Net gain/loss in dollars: $
Net gain/loss in euros:
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