Mccarthy, inc.’s brazilian subsidiary borrowed 100,000 euros on january 1, 2017. exchange rates between the brazilian real (brl) and euro (€) and between the u. s. dollar ($) and brl are as follows: lo 10-5 brl per € us$ per brl january 1, 2017 . . . . . brl 4.2 $ 0.28 average, 2017 . . . . . brl 4.3 $ 0.25 december 31, 2017 . . . brl 4.6 $ 0.20 20. at what amount should the brazilian subsidiary’s euro note payable be reported on mccarthy’s december 31, 2017, consolidated balance sheet? a. $84,000. b. $86,000. c. $92,000. d. $128,800

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline

Heyak believed that the economy could be hard to measure because