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A US company bought inventory from a Euro company for $100,000 in FC. The exchange rate was 1.50FC. Entered into a forward contract to pay
- A US company bought inventory from a Euro company for $100,000 in FC.
The exchange rate was 1.50FC. Entered into a forward contract to pay
At a 1.60 FC in thirty days. The FC payment in thirty days was 2.00FC.
Journalize all necessary entries
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Return Jahrgang 2018 Magazin Fur Transformation Und Turnaround
Authors: Stefanie Burgmaier, Hans Haarmeyer, Thorsten Garber
3rd Edition
365825601X, 9783658256012
