3- Sri Lanka Rupee (SLRS) fluctuates in recent times due to its economic situation. The Sri Lanka Rs trading in December 2020 at SLRS 181.5/S. The Sri Lanka Rs. is expected to appreciate by 7% in 2021. a- What will be the exchange rate after appreciation of the Sri Lankan currency? b- What will be the percentage change of Sri Lanka currency if, on March 31, 2021, it is trading at SL Rs 179.9/$?

3- Sri Lanka Rupee (SLRS) fluctuates in recent times due to its economic situation. The Sri Lanka Rs trading in December 2020 at SLRS 181.5/S. The Sri Lanka Rs. is expected to appreciate by 7% in 2021. a- What will be the exchange rate after appreciation of the Sri Lankan currency? b- What will be the percentage change of Sri Lanka currency if, on March 31, 2021, it is trading at SL Rs 179.9/$?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject:- finance
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