Coyote Corp. (a U.S. company in Texas) had the following series of transactions in a foreign country during 2011: Mar. 1 May 1 Aug. 1 Sept. 1 Bought inventory costing 60,000 pesos on credit. Sold 60% of the inventory for 54,000 pesos on credit. Collected 48,000 pesos from customers Paid 36,000 pesos to creditors The appropriate exchange rates during 2011 were as follows: Date March 1, 2011 May 1, 2011 August 1,2011 September 1,2011 December 31,2011 Exchange Rate $.20=1 peso $.22=1 peso $.23=1 peso $.24=1 peso $.25=1 peso
-What amount will Coyote Corp. report in its 2011 balance sheet for Inventory?
Understand the impact of British military actions and legislation on colonial life.
Examine the changing relationship between the British, the colonists, and Native Americans.
Discuss the initial stages and drivers of the American Revolutionary War.
Understand the historical context and reasons behind the policy of salutary neglect and its impact on the British control over the American colonies.
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