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On December 1, 2018, a PH firm purchased 100 units of inventory from a French firm for 500,000 euros to be paid on March 1,
On December 1, 2018, a PH firm purchased 100 units of inventory from a French firm for 500,000 euros to be paid on March 1, 2019. The firm's fiscal year-end is December 31. Assume further that the U.S...
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