Alcor Pharma just received revenues of $3,165,300 in Australian dollars (A$). Management has the following exchange rates:
Question:
Alcor Pharma just received revenues of $3,165,300 in Australian dollars (A$). Management has the following exchange rates: A$1.8010/£ and $1.5906/£. What is the U.S. dollar value of the company’s revenues?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Revenues received by Alcor Pharma A3165300 To d...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1119371403
4th edition
Authors: Robert Parrino, David S. Kidwell, Thomas Bates
Question Posted:
Students also viewed these Business questions
-
The following exchange rates were taken from ExchangeRate.com. On August 1, 2014, by how much did the dollar appreciate or depreciate against the (a) Argentine peso? (b) European euro? Currency Rates...
-
The following exchange rates are available to you. (You can buy or sell at the stated rates.) Mt. Fuji Bank 92.00/$ Mt. Rushmore Bank SF1.02/$ Mt Blanc Bank90.00/SF Assume you have an initial...
-
Assume that the following exchange rates prevail: (U.S. $ Equivalent) Argentina 0.1904 (peso) Canada 0.9648 (dollar) Mexico 0.0812 (peso) Bahrain 2.6525 (dinar) How many Mexican pesos does it take to...
-
You are given the following as it relates to the price of a pound of flour in Adam Island, 2016 to 2022: 2016-$1.35 2017 - $1.50 2018 - $1.65 2019 - $1.85 2020 - $2.15 2021 - $2.00 2022 - $2.10 Using...
-
The following selected information is for Karatu Corporation: Karatu had no preferred shares. Instructions (a) Calculate the gross profit margin, profit margin, asset turnover, return on assets, and...
-
Use the results from question 33 to predict the number of service calls for a car that is 3 years old and for one that is 6 years old. Question 33 The manager of the Tow Time Auto Club would like to...
-
The following stacked time traces from four separate motors identify one as experiencing impacts in the ball bearing. What is the separation in the impacts in this time waveform? Acceleration in G-s...
-
D&E Stamps issued the following bonds: Date of issue and sale..April 1, 20-1 Principal amount: ....$400,000 Sale price of bonds: ...100 Denomination of bonds: ..$1,000 Life of bonds: ......10 years...
-
Mercier Corporation's stock is selling for $78.99. It has just paid a dividend of $4.25 a share. The expected growth rate in dividends is 5.5 percent. a) What is the required rate of return on this...
-
1. Natalie works for an Alberta-based company. Early in 2021, Natalie received a $5,000.00 performance bonus for meeting sales objectives. The bonus was paid on a separate cheque from her regular...
-
Determine ) lim if f(x) 100,000 and g(x) 00 as x 8() 0
-
Which one of the following intervals is not symmetric about x = 5? a. (1, 9) b. (4, 6) c. (3, 8) d. (4.5, 5.5)
-
At the end of May, Robertson Corporation has provided services to customers, but it has not yet billed these customers nor have any of them paid for those services. If Robertson makes no adjusting...
-
Koudran Engineering Company is a multinational company that manufactures automotive and hydraulic parts. It has manufacturing locations in Nasik, Nagar, Pondicherry, and Hyderabad. The company gives...
-
Which decision-making style is useful when our priorities are not very discrete? Force field analysis Paired comparison analysis Pros and cons method with benefits Decision trees
-
Which among the following is the correct order for Herbert Simons model of decision? Intelligence, design, choice phase Design, intelligence, choice phase Choice, design, intelligence phase None...
-
Which decision-making tool allows one to check whether or not a course of action will actually improve the situation and is worth taking? Force field analysis Grid analysis method Pros and cons...
-
When one race car passes another during a race, the passing car usually tries to pass on the inner lane of a curve in the track. Why?
-
The president and athletic director at the University of California at Los Angeles (UCLA) fired the schools basketball coach because an expense form he had submitted for reimbursement had the names...
-
Difference between truncate & delete
-
Calculating Interest Rates and Future Values In 1895, the first U.S. Open Golf Championship was held. The winners prize money was $150. In 2006, the winners check was $1,170,000. What was the...
-
Calculating Present Values the first comic book featuring Superman was sold in 1938. In 2005, the estimated price for this comic book in good condition was about $485,000. This represented a return...
-
Calculating Rates of Return although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, Sothebys sold the Edgar Degas bronze sculpture Petite...
-
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Submit Date March 1 March 5 March 9 March 18 March 25 March 29...
-
Wilmington Company has two manufacturing departments-Assembly and Fabrication. It considers all of its manufacturing overhead costs to be fixed costs. The first set of data that is shown below is...
-
What are the fundamental differences between preemptive and cooperative multitasking in an operating system, and in which scenarios would each be most effective ?
Study smarter with the SolutionInn App