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What is the value of assets after two years

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Question - Ventaz Corp. purchased assets for its overseas branch for $20,000. The rate of conversion at the time of purchase of asset was $1.309 / Euro. What is the value of assets after two years if the rate is $1.512 / Euro and the average rate being $1.411 / Euro?

a. 15,279 Euros

b. 26,180 Euros

c. 14,174 Euros

d. 13,228 Euros

Reference no: EM132474243

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