Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

Why do companies, foreign and domestic go quot;international'?

Why do companies, foreign and domestic go "international'?

compute for the gain or loss

You are the vice president of international Info exchange in the U.S.A. Earlier this month you obtained a loan of 5 million Canadian dollars from a bank in Toronto to finance the construction of a new plant in Montreal. At the time the loan was received, the exchange rate was $1.05 to the Canadian dollar. By the end of the month, it has unexpectedly dropped to 95 cents.

Has your company made a gain or loss as a result, and by how much?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question