On February 1, a US company buys goods from a UK company for 80,000 British pounds,...

 
 

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On February 1, a US company buys goods from a UK company for 80,000 British pounds, payable on March 1. The exchange rate on February 11s 0.752 per US dollar, and the exchange rate on March 1 is 0.769 per U.S. dollar. The exchange rate on February 1 is $1.33 per British pound, and the exchange rate on March 1 is $1.30 per British pound On March 1, Cash will be credited for S On February 1, a US company buys goods from a UK company for 80,000 British pounds, payable on March 1. The exchange rate on February 11s 0.752 per US dollar, and the exchange rate on March 1 is 0.769 per U.S. dollar. The exchange rate on February 1 is $1.33 per British pound, and the exchange rate on March 1 is $1.30 per British pound On March 1, Cash will be credited for S

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Answer Total answers posted by the expert is 5990 Cost of goods bought 80000 British ... View the full answer