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Business, 16.04.2020 21:53 jenistha123

Hercules Corporation, a U. S. company, has an account payable of $450,000 denominated in Euro. If the direct exchange rate increases, will Hercules experience a foreign currency transaction gain or loss on this payable?

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Hercules Corporation, a U. S. company, has an account payable of $450,000 denominated in Euro. If th...

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