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Tag Archives: euro

Civics Assume the European Euro is increasing in exchange value compared to the U.S. dollar. Who will benefit most in this situation? A U.S. family traveling throughout Europe A European company that imports electronics from the U.S. A European company that imports Asian foods An international travel agency based in Florida

The Reformation actually started after Columbus’s landing in North America.  Treaty of Tordesillas in 1494 was forced on Spain and Portugal by the Pope. The Pope basically said that all lands in the New World belonged to Spain and all new non-Christian lands in the Eastern Hemisphere belong to Portugal. …

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Suppose the exchange rate between u.s. dollars and swiss francs is sf 1.41 = $1.00, and the exchange rate between the u.s. dollar and the euro is $1.00 = 0.64 euro. what is the cross rate of swiss francs to euros

The journal entry to record the issuance is as following: Debit Cash $7,000Credit Common Stock $6,000Credit Paid-in capital $1,000 A company must record its transaction when they issue their stock to the investors to collect funding for their business operations and investment. When the stock is issued, company receive cash …

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