Ardesia pays a US supplier 84,000 USD on a day when 1 USD equals 0.925 EUR (case data). The invoice had been recorded at a different rate. Compute the operating outflow in euros.
- Amount paid in USD
- 84,000
- Rate on payment date (EUR per 1 USD)
- 0.925
Ardesia pays a US supplier 84,000 USD on a day when 1 USD equals 0.925 EUR (case data). The invoice had been recorded at a different rate. Compute the operating outflow in euros.