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Westmore, Ltd

question 68

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


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