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02-01-2023
Business

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Clark co., a u.s. corporation, sold inventory on december 1, 2021, with payment of 12,000 british pounds to be received in sixty days. the pertinent exchange rates were as follows: dec. 1 spot rate: $ 1.831 dec. 31 spot rate: $ 1.976 jan. 30 spot rate: $ 1.768 for what amount should sales be credited on december 1

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