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You are the financial manager of Big Disc Corporation and collect the quotes of currencies. Canadian Dollar ($/CAD) 0.8041/44 Australian Dollar ($/AUD) 0.7715/19 You are
You are the financial manager of Big Disc Corporation and collect the quotes of currencies.
| Canadian Dollar ($/CAD) | 0.8041/44 |
| Australian Dollar ($/AUD) | 0.7715/19 |
You are asked by the CFO of the company to answer the following questions with explanation.
- What is the amount of U.S. dollars that Big Disc can receive from a sale of CAD 8.65 million?
- What is the cost in US dollars for Big Disc in purchasing CAD 13.5 million?
- What is the amount of AUD that Big Disc can receive for US $ 9.75 million?
- What is the amount of CAD that Big Disc can receive for AUD 6.85 million?
- What is the cost in CAD for Big Disc in purchasing AUD 2.75 million?
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