Rabona Slice, a U.S. company, sold 100,000 cases of tropical fruit to Ben Thanh Market, a Vietnamese firm, for 2.5 billion Vietnamese dong. The sale was made on November tee 2003, when one U.S. dollar equaled 14,000 dong. Payment of 2.5 billion Vietnamese dong was due to Rabona Slice on January 16, 2004. At December 31, 2003, one U.S. dollar equaled 15,000 dong, and on January 16, 2004, one U.S. dollar equaled 15,600 dong. 1. What will be the value of the accounts receivable on December 31, 2003, in Vietnamese dong?

What will be the value of the accounts receivable on December 31, 2003, in U.S. dollars? Will Rabona Slice recognize an exchange gain or loss at December 31, 2003? Explain. Will Rabona Slice recognize an exchange gain or loss on January 16, 2004? Explain. In connection with this sale, what amount will Rabona Slice report as Sales Revenue in its income statement for 2003? Se eS 6. In connection with this sale, what amount will Rabona Slice report as Cash Collected from Customers in its statement of cash flows for 2004?