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Stella [2.4K]
3 years ago
15

A sale of goods was denominated in a currency other than the entity’s functional currency. The sale resulted in a receivable tha

t was fixed in terms of the amount of foreign currency that would be received. The exchange rate between the functional currency and the currency in which the transaction was denominated changed. The effect of the change should be included as a(n) _________.A. Translation loss reported as a component of income from continuing operations.
B. Translation loss reported as a component of comprehensive income.
C. Transaction loss reported as a component of income from continuing operations.
D. Transaction loss reported as a component of comprehensive income.
Business
1 answer:
icang [17]3 years ago
6 0

Answer:

Explanation:

Based on the scenario being described within the question it can be said that the effect of the change should be included as a transaction gain reported as a component of income from continuing operations. This is because this event is a foreign currency transaction and would therefore be reported as a component of income from current operations for the current period that the company is in as opposed to an FC tranaction.

**Either A. or C. are wrong as both are the same and one should be a gain option.**

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At the start of football season, the ticket office gets very busy the day before the first game. Customers arrive at the rate of
ipn [44]

Answer:

(a) 3.2

(b) 10 minutes

(c) 0.8

Explanation:

Mean number of customer in service:

= Arrival rate ÷ service rate

= 24 in 60 min ÷ 30 in 60 min

= 24 ÷ 30

= 0.8

a) Average number of people in line:

= (Mean number of customer in service × arrival rate) ÷ (Service rate - arrival rate)

= 0.8 × (24 ÷ 6 )

= 3.2

b) Average time spend at the ticket office is = 10 minutes

c) Proportion of time server is busy:

= Arrival rate ÷  service rate

= (24 in 60 min ÷  30 in 60 min)

= 24 ÷ 30

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Design a 700- to 1,050-word proposal for a process improvement or cultural change that would affect all levels of staff in the o
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Increase profit

Through this technique, we can identify defects of products and services, so that we can products goods and services at sufficient quality, when quality exist in a product or service, we can see good sales volume which leads to better profits

Decreases expenses

Through this process, we can avoid wastage by identifying the defects in products or services before facing customers, so we can reduce expenses.

Improves efficiency and effectiveness

Through this process, we will finish process in correct manner without having any problems or errors in the process, it will improve efficiency and effectiveness, where efficiency means completing work in right process and effectiveness means completing right work.

Role of Lean Six Sigma in hospitals

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Development is defined as the process of growth or new information or events. An example of evolution is the change from caterpillars to butterflies. An example of development is the emerging details of a local robbery. An example of a development is a residential community for the elderly. noun.

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brainly.com/question/17019717

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3 0
2 years ago
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shutvik [7]

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6 0
3 years ago
1.9 Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the fol
KIM [24]
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4 0
3 years ago
Which of the following statements is CORRECT?a. If a project has "normal" cash flows, then its MIRR must be positive.b. If a pro
Elan Coil [88]

Answer: Option D

                               

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Normal cash flows have only one IRR as there can only be single rate at which NPV will be zero while in case of Non normal there are two IRR due to uneven stream.

Thus, we can conclude that the correct option is D.

3 0
3 years ago
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