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A ski resort hotel room in Switzerland costs SF300. A ski resort hotel room in...

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Question

Accounting

A ski resort hotel room in Switzerland costs SF300. A ski resort hotel room in Colorado costs $329. Assuming the slopes and hotel rooms are identical, what is the Swiss franc/U.S. dollar exchange rate?

Multiple Choice

  • SF1.1443/$

  • SF.9119/$

  • SF.9483/$

  • SF.9770/$

  • SF1.0967/$

Answer & Explanation Solved by verified expert
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