Business, 26.08.2019 20:00 ganggang6223

Pigskin co., a u. s. corporation, sold inventory on credit to a british company on april 8, 2018. pigskin received payment of 35,000 british pounds on may 8, 2018. the exchange rate was £1 = $1.54 on april 8 and £1 = 1.43 on may 8. what amount of foreign exchange gain or loss should be recognized? (round to the nearest dollar)

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Pigskin co., a u. s. corporation, sold inventory on credit to a british company on april 8, 2018. pi...