Assume That on January 15, 2021 Aero's Agrees to Purchase

question 44

Multiple Choice

Assume that on January 15, 2021 Aero's agrees to purchase US$50,000 for C$52,000 for delivery on January 15, 2022. The exchange rate at Aero's December 31 year-end is US$1 = C$.98 and the January 15, 2022 exchange rate is US$1 = C$.97. What is the foreign exchange gain or loss recognized at January 15, 2022?

• A)$500 loss.
• B)$500 gain.
• C)$3,500 loss.
• D)$3,500 gain.

Recognize the impact of certain medical conditions on fertility and understand the terms related to fertility issues.

Identify and explain the structure and function of male reproductive organs through the use of specific medical terms.

Understand the concept of maximizing profits in various business scenarios.

Grasp the influence of input costs and output prices on production decisions.

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Nurse Manager

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Certified Nursing Assistant

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