Multiple Choice
Refer to the table above. An international seafood supplier is offered 9.45 million yen today for 1 000 kilograms of abalone frozen in the shell. The abalone can be sourced from various countries at the prices shown above. The current market exchange rates between Australia and the other relevant currencies are also shown. In addition, $1 AUD = 105 yen. What is the value of the best deal the international seafood supplier can make, in Australian dollars?
A) $8 000
B) $10 000
C) $7 000
D) $5 000
Correct Answer:
Verified
Correct Answer:
Verified
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