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Blue Waters Is an American Company That Does Business with Several

Question 61

Multiple Choice

Blue Waters is an American company that does business with several Japanese corporations.In recent months,Blue Waters has been reporting losses from increases in the exchange rate of the Japanese yen.The majority of Blue Waters transactions with the Japanese companies probably consist of:


A) Credit sales at prices stated in U.S.dollars.
B) Credit sales at prices stated in Japanese yen.
C) Credit purchases at prices stated in U.S.dollars.
D) Credit purchases at prices stated in Japanese yen.

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