On February 1, Synergy Import-Export Company sells merchandise to Japanese firms costing 90,000 yen.Payment will be made in Japanese yen on May 1.The exchange rates of yen for $1 were as follows:
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Calculate the receivable in dollars on February 1.(Note: Round answer to the nearest cent.)
On February 1, Synergy Import-Export Company sells merchandise to Mexican firms costing 90,000 pesos.Payment will be made in pesos, on May 1.The exchange rates of pesos for $1 were as follows:
February 1 $1 = 10.9 pesos
May 1 $1 = 11.4 pesos
Calculate the receivable in dollars on February 1.(Note: Round answer to the nearest dollar.)
Definitions:
Property Rights
Legal rights to own, use, and manage assets or property.
Negatively Affects
Refers to a detrimental impact or influence one variable has on another within a specific context.
Air Traffic
The movement of aircraft within the airspace system, and the operational systems and personnel that control its flow to ensure safety and efficiency.
Liability Rules
Laws that require A to compensate B for damages that A imposed on B.
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