On november 6, 20x7, zucor corp. purchased merchandise from an unaffiliated foreign company for 50,000 units of the foreign company's local currency. on that date, the spot rate was $1.259. zucor paid the bill in full three months later when the spot rate was $1.258. the spot rate was $1.255 on december 31, 20x7. what amount should zucor report as a foreign currency transaction gain in its income statement for the year ended december 31, 20x7?

a. $0
b. $50
c. $
d. $200

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Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.

On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock