On April 1, 20X6, EXP Inc. borrowed €550,000 from a European bank. Interest is payable at the rate of 6% on March 31 each year. EXP's fiscal year end is December 31. Relevant exchange rate information follows: April 1, 20X6 €1 = C$1.33 December 31, 20X6 €1 = C$1.45 Average for 20X6 (April to December) €1 = C$1.38 What is the amount of foreign exchange loss to be reported on the statement of comprehensive income (SCI) of EXP for the year ended December 31, 20X6, related to the loan and loan interest? a) $64,267.50 loss
b) $66,000.00 loss
c) $67,732.50 loss
d) $68,310.00 loss

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

Case in point 1.2 suppose you work in the it department of global hotels, a multinational hotel chain. global hotels runs several specialized business support systems, including a guest reservations system that was developed in-house to meet the requirements of a large company with worldwide operations. guests can make one-stop online reservations by visiting global's website, which has links to all major travel industry sites. global hotels just acquired momma's, a regional chain of 20 motels in western canada. momma's uses a vertical reservations package suitable for small- to medium-sized businesses and a generic accounting and finance package. should momma's use global hotels' information systems or continue with its own? in your answer, consider issues such as business profiles, business processes, system interactivity, edi, ecommerce, and the characteristics of both information systems. what additional information would be to you in making a recommendation?

How success was the first day of the bus boycott