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​White's Manufacturing, Inc

Question 55

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​White's Manufacturing, Inc. has contracted to sell certain goods to a company in the Netherlands. The price agreed upon for the goods is 94,000 Netherlands guilders. On the date the contract was signed, the Foreign Currency in dollars column in the financial section of the local paper showed that the Netherlands guilder was valued at 0.4184. Compute the U.S. currency value White's Manufacturing, Inc. expects to receive for the goods. (Round to the nearest whole dollar.)

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