Silver Coin Ltd. is a Tunisian manufacturing company. It has received an export order of OMR 18,000. The finance like to identify the equivalent amount in terms of TND. He asked his banker and received the following quotations USD/OMR=0.3859 USD/TND= 2.8255 What would be the equivalent amount of the export order in terms of Tunisian Dinar? O a. TND 131,792.4 O b. OMR 131,860.8 O C OMR 113,860.8 O d. TND 103,792.4

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Silver Coin Ltd. is a Tunisian manufacturing company. It has received an export order of OMR 18,000. The finance manager of the company would
like to identify the equivalent amount in terms of TND. He asked his banker and received the following quotations:
USD/OMR=0.3859
USD/TND= 2.8255
What would be the equivalent amount of the export order in terms of Tunisian Dinar?
O a. TND 131,792.4
O b. OMR 131,860.8
OC OMR 113,860.8
O d. TND 103,792.4
Transcribed Image Text:Silver Coin Ltd. is a Tunisian manufacturing company. It has received an export order of OMR 18,000. The finance manager of the company would like to identify the equivalent amount in terms of TND. He asked his banker and received the following quotations: USD/OMR=0.3859 USD/TND= 2.8255 What would be the equivalent amount of the export order in terms of Tunisian Dinar? O a. TND 131,792.4 O b. OMR 131,860.8 OC OMR 113,860.8 O d. TND 103,792.4
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