Business, 24.12.2019 01:31 josephrosanne18

Heavy company sold metal scrap to a brazilian company for 200,000 brazilian reals on december 1, 20x8, with payment due on january 20, 20x9. the exchange rates were: december 1, 20x8 1 real = $ 0.5435 december 31, 20x8 1 real = 0.5192 january 20, 20x9 1 real = 0.5305 based on the preceding information, which of the following is true of dollar's movement vis-à-vis brazilian real during the period? dec 1 - 31 jan 1 - 20 a. dollar weakened dollar strengthened b. dollar weakened dollar weakened c. dollar strengthened dollar strengthened d. dollar strengthened dollar weakened

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