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Barga Co.'s net sales for Year 1 and Year 2 are $661,000 and $743,000, respectively. Its year-end balances of accounts receivable
follow: Year 1, $61,000, and Year 2, $95,000.
a. Complete the below table to calculate the days' sales uncollected at the end of each year.
Answers: 1
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Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?
Answers: 2
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