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On January 1, 2018, Fandu Corp.began operations of a foreign subsidiary.On April 1, 2018, the subsidiary purchased inventory costing 150,000 stickles.One-fourth of this inventory remained unsold at the end of 2018 while 40% of the liability from the purchase had not yet been paid.The pertinent indirect exchange rates were:
Required:
What should have been the December 31, 2018 inventory and accounts payable balances for this foreign subsidiary as translated into U.S.dollars? (Round your answers to the nearest whole dollar.)
Spindle Equator
The imaginary plane located at the midpoint between the poles of a cell during mitosis or meiosis where chromosomes line up during metaphase.
Metaphase
A phase of cell division where chromosomes align in the middle of the cell before being separated into each of the two daughter cells.
Prophase
The first stage of cell division, where chromosomes become visible and the nuclear envelope dissolves.
Telophase
The final phase of cell division, where the nucleus re-forms around the separated chromosomes, completing mitosis.
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