1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex787 [66]
2 years ago
15

Su Industries has international subsidiaries in Asia. These subsidiaries enter into transactions in both the US dollar and local

currencies. During the year, Su Industries reported a remeasurement loss of $55,000 and a translation gain of $36,000. As a result of these conversions, how much would Su Industries report in accumulated other comprehensive income (AOCI) at year end
Business
1 answer:
Savatey [412]2 years ago
5 0

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.

You might be interested in
A firm's operations drive its structure. <br> a. True <br> b. False
Wittaler [7]
True hope this helped
6 0
3 years ago
Cuáles son los procesos que le dan formación  los relieves? Explicar cada uno y dar dos ejemplos​
VikaD [51]

Answer:

Los procesos que intervienen en la formación del relieve son los procesos endógenos y Exógenos. Los procesos endógenos son los procesos que se dan en el interior de la cortesa terrestre, como son el movimiento de las placas tectónicas, los desplazamientos continentales, entre otros.

7 0
2 years ago
Burruss Company developed a static budget at the beginning of the company's accounting period based on an expected volume of 8,0
katrin2010 [14]

Answer:

The flexible budget would show fixed costs of $16,000

Explanation:

Meaning of Fixed cost: The fixed cost is that cost which is not have any impact on production level. It means that if the production level is increase or decrease, the fixed cost remain constant.

In the question the following information is given ,

Expected volume - 8,000 units

Per unit Revenue -  $ 4.00

Variable costs [per unit - 1.50

Contribution margin per unit -  $ 2.50

Fixed costs per unit - 2.00

Net income per unit -  $ 0.50

Actual production - 10,000 units

For computing the fixed cost under flexible budget for actual production which produces 10,000 units. The fixed cost remain same.

So, For 8000 units, the fixed cost = Units × Fixed cost per unit

                                                        =  8000 units × 2.00

                                                        =$16,000

Hence, For 10,000 units, the fixed cost would be $16,000 as fixed cost remain same.

Thus, the flexible budget would show fixed costs of $16,000

4 0
3 years ago
When can a bank repossess someone's car?
Marysya12 [62]

Answer:

A. when the owner defaults on the loan payment

6 0
1 year ago
Read 2 more answers
My boss really does not understand the technical aspects of the job my group is trying to complete. I understand the intricacies
dimaraw [331]

I have emerged as the team leader

4 0
3 years ago
Other questions:
  • The following variable production costs apply to goods made by O'Brien Manufacturing Corporation: Item Cost per Unit Materials $
    10·1 answer
  • Which of the following accounts would be closed at the end of the year using the perpetual inventory​ system? A. Accounts Payabl
    7·1 answer
  • Q6. Explain why most experts believe that official U.S. data underestimate the actual rate of unemployment. What factors could m
    5·1 answer
  • An adjustable rate mortgage originator is adversely affected by _______ interest rates while the borrower is adversely affected
    9·1 answer
  • Chance is a traveling marketing representative for a publishing company. He is an independent contractor and was hired without n
    8·1 answer
  • You have been offered a 10-year bond issued by Tiger Inc., at a price of $950.00. The bond has a coupon rate of 8% and pays the
    11·1 answer
  • What are the advantages of being a member of World Trade Organization​
    11·1 answer
  • What is the title of the Access form shown above? frmBasic tblRetailer 0001 Spice World
    9·1 answer
  • In managing production worker compensation and expenditures for best practice training, the overriding objective of company mana
    15·1 answer
  • Beryl company sells flash drives per week. purchaseorder lead time is weeks and the economicorder quantity is units. what is the
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!