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Exchange Rate British pound () $1.8970 / pound Euro () $1.4770 / euro Australian dollar...

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Exchange Rate British pound () $1.8970 / pound Euro () $1.4770 / euro Australian dollar (AU$) $0.8220 / Australian dollar Given these rates, an Australian dollar can purchase 0.4333 British pounds. Black Sheep Broadcasting Company is a U.S.-based firm that produces stereos in Germany at a cost of 124 (including production and transportation costs) and sells them in England for 97. Based on the exchange rate table given in the preceding question, what is Black Sheep Broadcasting Company's dollar profit for each unit sold? $1.03 $0.77 $0.69 $0.86 Exchange Rate British pound () $1.8970 / pound Euro () $1.4770 / euro Australian dollar (AU$) $0.8220 / Australian dollar Given these rates, an Australian dollar can purchase 0.4333 British pounds. Black Sheep Broadcasting Company is a U.S.-based firm that produces stereos in Germany at a cost of 124 (including production and transportation costs) and sells them in England for 97. Based on the exchange rate table given in the preceding question, what is Black Sheep Broadcasting Company's dollar profit for each unit sold? $1.03 $0.77 $0.69 $0.86

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