Question: ABC Ltd, whose functional currency and presentation currency isS$, buys RM100 million of a Malaysian company??s shares on 1 October20x8 when the exchange rate was

ABC Ltd, whose functional currency and presentation currency isS$, buys RM100 million of a Malaysian companyâ??s shares on 1 October20x8 when the exchange rate was RM1.00 = S$0.40. On 31 December20 1 answer

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