Question

WSM Wine Importers, Inc. purchased 75,000 cases of French wine at a cost of 6,000,000 euros. If the current exchange rate is 0.7576 euros to the U.S. dollar, what is the purchase price of the wine in U.S. dollars?
A) $9,684,148
B) $9,328,651
C) $8,350,012
D) $ 7,919,747

Answer

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