Coyote Corp. (a U.S. company in Texas) had the following series of transactions in a foreign country during 2011: The appropriate exchange rates during 2011 were as follows: What amount will Coyote Corp. report in its 2011 income statement for Sales?

Question

Coyote Corp. (a U.S. company in Texas) had the following series of transactions in a foreign country during 2011:  The appropriate exchange rates during 2011 were as follows:  What amount will Coyote Corp. report in its 2011 income statement for Sales?

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The Answer of Coyote Corp. (a U.S. company in Texas) had the following series of transactions in a foreign country during 2011:  The appropriate exchange rates during 2011 were as follows:  What amount will Coyote Corp. report in its 2011 income statement for Sales?