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Author Question: A check register shows a balance of 247.20 before writing three checks for 63.24, 31.54, and 86.50 . ... (Read 99 times)

urbanoutfitters

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on: Jun 24, 2018
A check register shows a balance of 247.20 before writing three checks for 63.24, 31.54, and 86.50 . Compute the new cash balance shown in the check register.

Question 2

Global Concerns, Inc has contracted to sell certain goods to a company in Australia. The Australian company has contracted to pay 500,00 . Australian dollars for the shipment. At the time the contract was signed, the Foreign Currency in dollars column in the financial section of the morning paper showed that one Australian dollar was valued at 0.903497 U.S. dollar. Compute the value in U.S. currency Global Concerns expects to receive from the transaction.


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steff9894

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Reply #1 on: Jun 24, 2018
Answer to Question 1

65.92

Answer to Question 2

451,748.50 U.S. currency


urbanoutfitters

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Reply 2 on: Jun 24, 2018
Excellent

carlsona147

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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