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18. Westmore, Ltd. is a British subsidiary of a U.S. company. Westmore's functional currency is the pound sterling (). The following exchange rates were in
18. Westmore, Ltd. is a British subsidiary of a U.S. company. Westmore's functional currency is the pound sterling (). The following exchange rates were in effect during 2011 an. 1 June 30 Dec. 31 Weighted average rate for the year 1 = $1.60 1 = $1.64 1 = $1.61 1 = $1.59 Westmore reported sales of s1,500,000 during 2011. What amount (rounded) would have been included for this subsidiary in calculating consolidated sales? O $2,415,000 O $2,400,000 O $2.385,000 o $943,396 O $931,677
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