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On November 6,20X7,Zucor Corp.purchased merchandise from an unaffiliated foreign company for 50,000 units of the foreign company's local currency.On that date,the spot rate was $1.259.Zucor paid the bill in full three months later when the spot rate was $1.258.The spot rate was $1.255 on December 31,20X7.What amount should Zucor report as a foreign currency transaction gain in its income statement for the year ended December 31,20X7?
Havelock Ellis
A British physician and psychologist who was an early researcher and writer on human sexuality in the late 19th and early 20th centuries.
Homosexuality
Romantic or sexual attraction or behavior between members of the same sex or gender.
Acquired
Something that has been obtained or gained, which was not innate or present from birth.
Reparative Therapy
a controversial psychological treatment aimed at changing a person's sexual orientation from homosexual or bisexual to heterosexual, widely discredited by major medical organizations.
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