On December 1,2022, DG Computers Inc. purchased 10 personal computers from Japanese firm for P200,000 Japanese yen. The exchange rate for the Japanese yen is P1=¥2.22 on December 1 and P1=¥2.70 on December 31. Compute for any forex gain (loss).
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On December 1,2022, DG Computers Inc. purchased 10 personal computers from Japanese firm for P200,000 Japanese yen. The exchange rate for the Japanese yen is P1=¥2.22 on December 1 and P1=¥2.70 on December 31.
Compute for any forex gain (loss).
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