Use the information from question 5. After delivery, at what amount is the merchandise carried on the
Question:
Use the information from question 5. After delivery, at what amount is the merchandise carried on the U.S. company’s books?
Use the following forward and spot prices for Canadian dollars (C\($)\) to answer this question. The prices are in U.S. dollars (\($/C$).
a. \($895,000\)
b. \( $900,000\)
c. \($905,000\)
d. \($915,000\)
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