If €1 buys $1.20, then the reciprocal states that $1 buys what?

A) €0.8333
B) €0.8833
C) €0.3833
D) €0.3888

Answer: A
Explanation: A) €1/$1.20 = €0.8333 per dollar

Business

You might also like to view...

Factoring accounts receivable is the sale of a firm's receivables while pledging accounts receivable

is the use of accounts receivable as collateral for a loan. Indicate whether the statement is true or false

Business

Historical credit problems remain on a credit bureau's report for ________ years while a bankruptcy remains for ________ years

A) ten; twenty B) seven; ten C) eight; fifteen D) five; ten

Business