On april 1, 2017, mendoza company borrowed 600,000 euros for one year at an interest rate of 5 percent per annum. mendoza must make its first interest payment on the loan on october 1, 2017 and will make a second interest payment on march 31, 2018 when the loan is repaid. mendoza prepares u. s.-dollar financial statements and has a december 31 year-end. prepare all journal entries related to this foreign currency borrowing assuming the following exchange rates for 1 euro: april 1, 2017 $ 1.20 october 1, 2017 1.30 december 31, 2017 1.34 march 31, 2018 1.38

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position