Web11 . MNC Corp. ( a U.S. - based company ) sold parts to a South Korean customer on December 1 , 2024 , with payment of 10 million South Korean won to be received on March 31 , 2024 .The following exchange rates apply : Rate Forward Rate ( to March 31 , Spot Date 2024 ) December 1 , 2024 $ 0.003 5 $ 0.0034 December 31 , 2024 0.003 3 0.0032 … WebOn March 1, Pimlico Corporation (a U.S.-based company) expects to... (a) $2,490 premium expense plus a $7,470 negative adjustment to net income when the merchandise is purchased. (b) $12,450 premium expense plus $9,960 positive adjustment to net income when the merchandise was purchased.
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On March 1, Pimlico Corporation (a U.S.-based company) …
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