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Marx Corp has a FC 6,000 Accounts Payable on both February 28, 2022 and March 31, 2022. The following exchange rates were in effect on
Marx Corp has a FC 6,000 Accounts Payable on both February 28, 2022 and March 31, 2022. The following exchange rates were in effect on those dates: February 28, 2022: March 31, 2022: 1US=.25FC1US=.4FC What is the amount of FX gain or loss for the month ended March 31,2022 . Your answer should be a $ amount, followed by the words FX Gain or FX Loss
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