The following transactions occurred during July: Received $1,040 cash for services provided to a customer during July. Issued common stock for $4,800 cash. Received $890 from a customer in partial payment of his account receivable which arose from sales in June. Provided services to a customer on credit, $515. Borrowed $7,400 from the bank by signing a promissory note. Received $1,390 cash from a customer for services to be performed next year. What was the amount of revenue for July?

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?