Voltac Corporation (a U. S. company located in Charlotte, North Carolina) has the following import/export transactions denominated in Mexican pesos in 2017:

March 1 Bought inventory costing 100,000 pesos on credit.
May 1 Sold 60 percent of the inventory for 80,000 pesos on credit.
August 1 Collected 70,000 pesos from customers.
September 1 Paid 60,000 pesos to suppliers.

Currency exchange rates for 1 peso for 2017 are as follows:

March 1 $0.10
May 1 0.12
August 1 0.13
September 1 0.14
December 31 0.15
For each of the following accounts, how much will Voltac report on its 2017 financial statements?

a. Inventory.
b. Cost of Goods Sold.
c. Sales.
d. Accounts Receivable.
e. Accounts Payable.
f. Cash.

answer; ///i believe that the correct answer is (a) it is the means by which a person earns money;

a ab

b. condominum i think

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.