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Suppose that the sales price for this transaction is R50 000 and includes a profit margin of 15%. On the date that the invoice is
Suppose that the sales price for this transaction is R50 000 and includes a profit margin of 15%. On the date that the invoice is issued, the prevailing exchange rate is as follows: USD 1 = ZAR 14.4539 What will the financial implications for the exporter be if the prevailing exchange rate on the date of payment is as follows? USD = ZAR 15.1392
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