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Stuff Inc., a U.S. company, imported goods for 50,000 euro on Dec. 10, Year 1 and paid for them on Jan. 10, Year 2. The
Posted: Wed Jul 06, 2022 6:44 pm
by answerhappygod
- Stuff Inc A U S Company Imported Goods For 50 000 Euro On Dec 10 Year 1 And Paid For Them On Jan 10 Year 2 The 1 (35.22 KiB) Viewed 56 times
Stuff Inc., a U.S.
company, imported goods for 50,000 euro on Dec. 10, Year 1 and paid for them on Jan. 10, Year 2. The following exchange rates were applicable in Years 1 and 2: Date Exchange Rate 0.79 € Dec. 10, Yr. 1 Dec. 31, Yr. 11 Jan. 10, Yr. 2 What approximate gain or loss will Stuff book on Jan. 10, Year 2? O Again of $3,000. OA loss of $3,000. O Again of $5,500. A loss of $5,500. 0.82 € 0.75 €