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AU.S. manufacturer has sold goods to a foreign firm for a sale price of 80,000 FC on 12/15/19. The invoice is due 4/30/20. The U.S.

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AU.S. manufacturer has sold goods to a foreign firm for a sale price of 80,000 FC on 12/15/19. The invoice is due 4/30/20. The U.S. Firm fiscal year-end is 12/31/19. Given the following exchange rates, what gain or loss would the U.S. firm record on 12/31/19? uestion 1FC = $0.60 US Dollars 12 15/19 12 31/19 1FC = $0.65 US Dollars 4.30 20 1FC = $0.63 US Dollars Select one: gain of $4,000 b. gain of $2,400 loss of $1,600 loss of $4,000 Type here to search

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