What is the singapore dollar to australian dollar cross rate, Financial Accounting

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What is the singapore dollar to australian dollar cross rate

Problem

Anne Dietz lives in Singapore, but is making her first business trip to Sydney, Australia. Standing in Singapore's new terminal #3 at Changi Airport, she looks at the foreign exchange quotes posted over the FX trader's booth. She wishes to exchange 1,000 Singapore dollars (S$ or SGD) for Australian dollars (A$ or AUD).

1) What is the Singapore dollar to Australian dollar cross rate?

2) How many Australian dollars will Anne get for her Singapore dollars?

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Financial Accounting: What is the singapore dollar to australian dollar cross rate

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Financial Accounting: What is the singapore dollar to australian dollar cross rate

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