Splish Brothers Inc. had the following transactions. 1. Sold land (cost $8,160) for $10,200. 2. Issued common stock at par for $21,900. 3. Recorded depreciation on buildings for $15,300. 4. Paid salaries of $6,600. 5. Issued 1,400 shares of $1 par value common stock for equipment worth $9,800. 6. Sold equipment (cost $14,700, accumulated depreciation $10,290) for $1,764. (a) For each transaction above, prepare the journal entry

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?