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On July 1, 2018, Mara Company purchases 1,000 pounds of Swiss chocolate for 50,000 Swiss francs, payable in 60 days. On July 1, a Swiss

On July 1, 2018, Mara Company purchases 1,000 pounds of Swiss chocolate for 50,000 Swiss francs, payable in 60 days. On July 1, a Swiss franc is worth P27.29; by August 30, the day of payment, the Sw...

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