Table 14.3
-Refer to Table 14.3.Given the exchange rates in the above table, what are the exchange rates stated as Canadian dollars per Danish krone and Canadian dollars per EU euro, respectively?
A)0.20 dollars per krone and 1.43 dollars per euro
B)2.00 dollars per krone and 7.14 dollars per euro
C)0.02 dollars per krone and 0.70 dollars per euro
D)0.05 dollars per krone and 1.30 dollars per euro
E)5.00 dollars per krone and 3.5 dollars per euro

Question

Table 14.3 
-Refer to Table 14.3.Given the exchange rates in the above table, what are the exchange rates stated as Canadian dollars per Danish krone and Canadian dollars per EU euro, respectively?
A)0.20 dollars per krone and 1.43 dollars per euro 
B)2.00 dollars per krone and 7.14 dollars per euro 
C)0.02 dollars per krone and 0.70 dollars per euro 
D)0.05 dollars per krone and 1.30 dollars per euro 
E)5.00 dollars per krone and 3.5 dollars per euro

Quizplus · Accepted Answer

The correct exchange rates can be calculated by inverting the given rates for Danish krone and EU euro to Canadian dollars.

Table 14.3 -Refer to Table 14.3.Given the Exchange Rates in the Above