(Solution) - Boat Belting sells goods for 900 000 Mexican pesos The foreign -(2025 Original AI-Free Solution)

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Boat Belting sells goods for 900,000 Mexican pesos. The foreign-exchange rate for a peso is $0.094 on the date of sale. Boat Belting then collects cash on April 24 when the exchange rate for a peso is $0.099. Record Boat?s cash collection.
Boat Belting buys inventory for 21,000 Swiss francs. A Swiss franc costs $1.12 on the purchase date. Record Boat Belting?s payment of cash on October 25, when the exchange rate for a Swiss Franc is $1.14.
In these two scenarios, which currencies strengthened? Which currencies weakened?