Westmore, Ltd

question 1

Multiple Choice

Westmore, Ltd. is a British subsidiary of a U.S. company. Westmore's functional currency is the pound sterling (?) . The following exchange rates were in effect during 2011:

Westmore reported sales of ?1,500,000 during 2011. What amount (rounded) would have been included for this subsidiary in calculating consolidated sales?

• A) $2,415,000.
• B) $2,400,000.
• C) $2,385,000.
• D) $943,396.
• E) $931,677.

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Definitions:

CKD

Chronic Kidney Disease, a long-term medical condition where the kidneys gradually lose their functionality over time.

Meaning

The significance, definition, or explanation of a word, phrase, or concept.

-tripsy

A suffix used in medical terms to denote the surgical crushing of a stone or calculus.

-ectomy

A suffix used in medical terminology to indicate the surgical removal of a specified part of the body.