Answer: Increase / Gain of $36,000
Explanation:
Remeasurement loss, which arises from conversions of the various currencies used by the company to a functional currency, goes to the Income statement and is subtracted from the Net income.
Translation gains on the other hand, are added to the Other Comprehensive income.
The other comprehensive income will therefore increase by the translation gain of $36,000.
No stated time limit has been given if the firm had not filed an amended U-5.
<h3>What is the time limit to be followed for filing form U-5?</h3>
Form U5 must be filed within thirty days of the date of the termination event, and it requires a firm to provide accurate answers to various questions, including the reason for an associated person's termination of their registration.
Form U5 is the Uniform Termination Notice for Securities Industry Registration which includes the Broker-dealers, funding advisers, or issuers of securities who ought to use this form to terminate the registration of a person in the best jurisdictions.
Hence, no stated time limit has been given if the firm had not filed an amended U-5.
Learn more about Form U5:
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Let's start it this way. Since a market system is a system of profit and loss, naturally, both profit or loss will play a vital role in the equation or system. Capitalist economies depend on markets when it comes to their economic activities. The market's role is to serve as a basis for them in determining what profitable activities and enterprises should the people invest on.Without the presence of loss in the equation of a market system, these people will not be able to determine where they should invest and/or withdraw from. Therefore, people base their decision of using their resources through knowing first the profit and loss. The loss will help them go away from companies or activities which will bring the losses.The downside for using the government in shielding companies from having losses is that the government will be abused by these companies. Since all companies will naturally want to not experience having losses.
The personality dimensions mentioned in the question all refer to the Five Factor Model; with one of the dimensions missing, which is neuroticism. A person with high levels of (C) conscientiousness would make the best financial decisions, mainly because they are well-organized and prudent about things, which also translates to how they manage their finances.
<u>Scientific notation:</u>
To write an amount in scientific notation the amount is written as multiplication of exponent of 10. In the given case we are asked to write the GDP of Germany 3.65 trillion in Scientific notation. The GDP is given 3.65 trillion and 1 trillion = 1,000,000,000,000. So we can write it as follows:
= 3.65 * 1 trillion
= 3.65 * 1,000,000,000,000
= 3.65 * 10^12
Hence the GDP of Germany in 2008 is <u>3.65 * 10^12</u>
