Find the Area of the Triangle

question 75

Multiple Choice

Find the area of the triangle. If necessary, round the answer to two decimal places.
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• A) 3.52
• B) 11.4
• C) 235.46
• D) 51.38

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Definitions:

Spot Rate

The current market price at which a particular asset can be bought or sold for immediate delivery.

Closing Rate

The spot exchange rate at the end of the reporting period.

Functional Currency

The currency of the primary economic environment in which an entity operates, typically used in its financial reporting.

Foreign Currency Transaction

A transaction that is denominated or requires settlement in a foreign currency.