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Exam Prep. Question – Foreign Currency transaction

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Exam Prep. Question – Foreign Currency transaction

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.
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  • July 14, 2021 at 3:07 pm #627718
    Aayush98
    Member
    • Topics: 17
    • Replies: 9
    • ☆

    Hi,

    In the answer to this question on page 152 of the notes, why is the total as $1,184,000. Shouldn’t it be $7,666,667?

    Kindly advise on the same.

    Thank you.

    Aayush Shah

    July 14, 2021 at 8:45 pm #627765
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6440
    • ☆☆☆☆☆

    Hi,

    Not sure where the $1,184,000 comes from. Possibly from an old question that I have used. It looks like your figure quoted is correct.

    Thanks

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