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The spot rate, Saudi Arabian riyal per Jordanian dinar is SRI JD. (Round to five decimal places.) Barcelona Machine Tools. Oriol D'ez Miguel S.R.L, a

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The spot rate, Saudi Arabian riyal per Jordanian dinar is SRI JD. (Round to five decimal places.)

Barcelona Machine Tools. Oriol D'ez Miguel S.R.L, a manufacturer of heavy duty machine tools near Barcelona, ships an order to a buyer in Jordam The purchase price is 423,000. Jordan imposes a 13% import duty on all products purchased from the European Union. The Jordanian importer then re-exports the product to a Saudi Arabian importer, but only after imposing its own resale fee of 29%. Given the following spot exchange rates on April 11 , 2010, what is the total cost to the Saudi Arabian importer in Saudi Arabian riyal, and what is the US. dollar equivalent of that price? (Click on the icon to import the table into a spreadsheet.) Currency Crossrate Jordanian dinar (JO) per euro (C) Jordanian dinar (JO) per US. dollar (S) Saudi Arabian riyal (SRI) per IJ S. dollar (S) Spot Rate 0.959 0.716 3.778 The spot rate, Saudi Arabian riyal per Jordanian dinar is SRI D/JD. (Round to five decimal places.)

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