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Published byMilton Greene Modified over 9 years ago
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Alexander Colquhoun & Son Pty. Ltd Best in Bags Since 1888
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Quoted Price = AUD $1.00 Purchase Price = US $0.80 Exchange Rate : Parity or US $1.00 = AUD $1.00 Profit equals AUD $1.00 minus AUD $0.80 = AUD $0.20 EXCHANGE RATES
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Quoted price = AUD $1.00 Purchase price = US $0.80 Exchange Rate : US $1.00 = AUD $0.60 Purchase price after exchange conversion US $0.80 divided by exchange rate of AUD $0.60 = AUD $1.33 With quoted, or sell price at AUD $1.00 and cost of goods at AUD $1.33, Profit or in fact LOSS = AUD $0.33
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Alexander Colquhoun & Son Vision Statement. “to be the supplier of choice for flexible, agricultural, industrial and environmentally friendly packaging in Australia and the Pacific Islands”
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Best in Bags Since 1888 www.colquhouns.com.au
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