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On January 1 , 2 0 1 6 , Doron Inc. borrowed 5 , 0 0 0 , 0 0 0 Swedish krona ( SEK
On January Doron Inc. borrowed Swedish krona SEK from a bank in Sweden. The loan has a fouryear life and requires an annual interest payment of payable on the first of the year The following exchange rates exist for the krona relative to the Canadian dollar: The functional currency of Doron is the CAD $
Date SEK times C$
January
December
Average
January
December
Average
January
December
Average
January
December
Average
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