subject
Business, 10.07.2019 04:20 kaylaaaaaaa86

Newberry, inc., whose reporting currency is the u. s. dollar ($), has a subsidiary in argentina, whose functional currency also is the $. the subsidiary acquires inventory on credit on november 1, 2017, for 250,000 pesos that is sold on january 17, 2018, for 288,000 pesos. the subsidiary pays for the inventory on january 31, 2018. currency exchange rates are as follows: november 1, 2017 $ 0.32 = 1 peso december 31, 2017 0.33 = 1 january 17, 2018 0.34 = 1 january 31, 2018 0.35 = 1 problem 10-8 (lo 10-2, 10-3) what amount does newberry’s consolidated balance sheet report for this inventory at december 31, 2017?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400
Answers: 2
question
Business, 22.06.2019 06:00
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
Answers: 2
question
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
question
Business, 22.06.2019 15:30
Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false
Answers: 1
You know the right answer?
Newberry, inc., whose reporting currency is the u. s. dollar ($), has a subsidiary in argentina, who...
Questions
question
Mathematics, 15.10.2019 06:30
question
History, 15.10.2019 06:30
question
Mathematics, 15.10.2019 06:30
question
History, 15.10.2019 06:30
Questions on the website: 13722362