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Masters Corp has a 100,000 foreign currency denominated accounts receivable on its books that is due to be collected in on June 30,2011 . The
Masters Corp has a 100,000 foreign currency denominated accounts receivable on its books that is due to be collected in on June 30,2011 . The following are the US dollar equivalents for this receivable at various dates: What is the FX transaction gain or loss as of the following dates: a. Quarter ending March 31, 2010 b. Month ending April 30, 2010 c. Year ending December 31, 2010 d. Six months ended June 30,2011
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