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All of the Following Statements Are Stated in Brazil Reals

Question 38

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All of the following statements are stated in Brazil reals (R$) All of the following statements are stated in Brazil reals (R$) Additional information: Selected exchange rates: Date of purchase of inventory on hand at year-end R$1 = $.05688 Dividends were declared on June 30,20X5 Opening inventory = R$130,000 Inventory purchases for the year = R$1,570,000 Machinery,land,and buildings were purchased on June 30,20X4 Bralta is the Brazilian subsidiary of Altapro Co. ,a Canadian company.Under the temporal method,what is the total of the non-monetary assets? A) $1,565,090 B) $1,735,730 C) $2,151,832 D) $2,185,770
All of the following statements are stated in Brazil reals (R$) Additional information: Selected exchange rates: Date of purchase of inventory on hand at year-end R$1 = $.05688 Dividends were declared on June 30,20X5 Opening inventory = R$130,000 Inventory purchases for the year = R$1,570,000 Machinery,land,and buildings were purchased on June 30,20X4 Bralta is the Brazilian subsidiary of Altapro Co. ,a Canadian company.Under the temporal method,what is the total of the non-monetary assets? A) $1,565,090 B) $1,735,730 C) $2,151,832 D) $2,185,770
Additional information:
Selected exchange rates:
All of the following statements are stated in Brazil reals (R$) Additional information: Selected exchange rates: Date of purchase of inventory on hand at year-end R$1 = $.05688 Dividends were declared on June 30,20X5 Opening inventory = R$130,000 Inventory purchases for the year = R$1,570,000 Machinery,land,and buildings were purchased on June 30,20X4 Bralta is the Brazilian subsidiary of Altapro Co. ,a Canadian company.Under the temporal method,what is the total of the non-monetary assets? A) $1,565,090 B) $1,735,730 C) $2,151,832 D) $2,185,770
Date of purchase of inventory on hand at year-end R$1 = $.05688
Dividends were declared on June 30,20X5
Opening inventory = R$130,000
Inventory purchases for the year = R$1,570,000
Machinery,land,and buildings were purchased on June 30,20X4
Bralta is the Brazilian subsidiary of Altapro Co. ,a Canadian company.Under the temporal method,what is the total of the non-monetary assets?


A) $1,565,090
B) $1,735,730
C) $2,151,832
D) $2,185,770

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