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Problems 20 and 21 are based on the following information. McCarthy, Inc's Brazilian subsidiary borrowed 100,000 euros on January 1, 2020. Exchange rates between the

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Problems 20 and 21 are based on the following information. McCarthy, Inc's Brazilian subsidiary borrowed 100,000 euros on January 1, 2020. Exchange rates between the Brazilian real (BRL) and euro ( ) and between the U.S. dollar (\$) and BRL are as follows: 20. At what amount should the Brazilian subsidiary's euro note payable be reported on Mccarthy's December 31,2020 , consolidated balance sheet? a. $84,000. b. $86,000 c. $92,000 d. $128,800

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