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Upon arival at the intemational airport in the country of Canteberry. Charles Alt exchanged $200 of US currency into 1.000 florins, the local currency unit.

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Upon arival at the intemational airport in the country of Canteberry. Charles Alt exchanged $200 of US currency into 1.000 florins, the local currency unit. Upon departure from Canteberry's international airport on completion of his business, he exchanged hlis temaining 100 florins into $15 of U.S. currency. Required: 6. Determine the currency exchange rates for each of the cells in the following matrix for Charkes Alt's business trip to Canteberiy A= florins c. Did Charles experience a forelgn currency transaction goin or a loss on the 100 flocins he held during his visit to Canteberiy and converted to US. dollars at the departure date? Complete this question by entering your answers in the tabs below. Did Charles experience a foceign currency transoction gain or a lass on the tou florins he hold during his visit to Cantebeify and converted to U.S. dollars at the departure date? Note: Round your intermediate computations and final answers to two decimal places: Delaney Incorporated has several transactions with foreign entities. Each transaction is denominated in the local currency tmit of the country in which the foreign entity is located. For each of the following independent cases, determine the December 31 , 202. year end balance in the appropriate accounts for the case. Case 1. On hoventier 12, 2ex2, 0elaney purchesed hoods from a forelign coepany at a price of tou 40,000 when the direct pxeharife rate was 1 tcu - 30.45. The account has not been settled as of Decenter 31,20x2, when the exchange rate hat decreated to 1LCu+30,40. Case 2. On Novedier 20,202, Delaney sold poods to a foreien entity at e price of tow 20,000 shen the direct exchange rate was 1 tcy =$1,00, The account tas ret toen wettlot as of Dleceaber 31, 200, shen the exchante rate has increased to 1 tCu = 11,90 , On Decentien 2, 2axz, Oelaney purchases goeds from s foreign coepany at a pelce uf tey 30, e0e when the direct exchange rate war I tCu = se.se. The account has not bewen tettled when the direct exchane re rate was 1 LCU = se,003. The account has not been settleit as of Oeceseber 31 , 2002, hom the exchange rate has fecreased to I CCU +50.0025. Required: Provide the December 31. 20X2; year-end balances on Detaney's iecords for each of the following applicable thems

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