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Problem 6-02 Last year Leather Boot, Inc. had investments in Paris worth 450,000 euros. At that time, the euro was worth $1.16. Today the euro
Problem 6-02 Last year Leather Boot, Inc. had investments in Paris worth 450,000 euros. At that time, the euro was worth $1.16. Today the euro is trading for $1.15. 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: C {
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