Question
Sandhill Pharma just received revenues of $3,164,900 in Australian dollars (A$). Management has the following exchange rates: A$2.8100/ and $2.2458/. What is the U.S. dollar
Sandhill Pharma just received revenues of $3,164,900 in Australian dollars (A$). Management has the following exchange rates: A$2.8100/ and $2.2458/. What is the U.S. dollar value of the company's revenues? (Round intermediate calculation to 4 decimal places, e.g. 15.2578 and final answer to the nearest whole dollar, e.g. 5,275.)
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Fundamentals of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas Bates
4th edition
1119371406, 978-1119371403
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