Question: Apple Inc. is a U . S . - based company, that designs, manufactures, and markets mobile communication and media devices, and personal computers. It

Apple Inc. is a U.S.-based company, that designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems. On September 30, Apple sold inventory to Yara International, a Norwegian company. The inventory was priced at NOK 46.65 million and payment is due in 180 days. Apple's multinational finance team collected the following currency and market quotes. Apple forecasts the Norwegian Krone (NOK) will be at about $0.1125? NOK in 180 days.
\table[[Current spot rate ($/NOK),$0.1095
 Apple Inc. is a U.S.-based company, that designs, manufactures, and markets

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