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    Exam 9: Foreign Currency Transactions and Hedging Foreign Exchange Risk
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    The Beginning Balance of Cash Was 50,000 Pesos on January
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The Beginning Balance of Cash Was 50,000 Pesos on January

Question 24

Question 24

Essay

The beginning balance of cash was 50,000 pesos on January 1,2009,translated at $.18 = $1.What amount will Coyote Corp.report on its 2009 financial statements for Cash?

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Cash (50,000pesos x ...

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