In july 2001, the euro's value relative to the dollar was about €1.00 = $0.85. by november 2009, the euro had strengthened to €1.00 = $1.48. in february 2012, one euro was equal to $1.33 and in august 2015 €1.00 = $0.99 all other things being equal, if a european-based global company wants to preserve margins for goods exported to the u. s. market, the company should:

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

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At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)