Suppose that you​ buy, and one year later​ sell, a foreign​ (British) bondLOADING... under the following​ circumstances: When you buy the bond the exchange rate is ​$ ​= 1. You pay ​($​) for the British bond. You sell the bond for . No interest payment was expected or received. When you sell the​ bond, the exchange rate is​ $1.75 = Euro 1 You pay 45 Euros ($78.75) for the british bond
You sell the bond for 50 Euros, No interest payment was expected or received
When you sell the bond, the exchange rate is $1.45=1 euro

Required:
What is your gain or loss in dollars?

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?