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CalculationIntermediatePublished

Question · Foreign currency flows and exchange effect

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
Your answer

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