Kyle's Competing Job Offers. Kyle, after an arduous post-graduation job search, has received an offer of the
Question:
Kyle's Competing Job Offers. Kyle, after an arduous post-graduation job search, has received an offer of the following three different country posts with a major multinational company. Each of the three countries—the United Kingdom, the Czech Republic, and France—offers a different starting salary and a different signing bonus, but in a different currency. Kyle wants to first compare all of the compensation packages in a common currency, the U.S. dollar. Use the data to determine which offer represents the greatest initial U.S. dollar compensation package.
Country | ISO | Currency | Salary | Signing Bonus | Currency = $1.00 |
United Kingdom | GBP | pounds (£) | £ 72,600 | £ 20,300 | 0.7049 |
Czech Republic | CZK | koruna | 1,857,000 Kc | 322,000 Kc | 24.41 |
France | EUR | euros (€) | € 82,200 | € 17,300 | 0.9071 |
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Part 1
The salary in the United Kingdom is
enter your response here
USD. (Round to the nearest cent.)
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany