Question: Because exchange rate changes have an indirect effect on the net investment that may be realized upon sale or liquidation, but ... prior to sale

Because "exchange rate changes have an indirect effect on the net investment that may be realized upon sale or liquidation, but ... prior to sale or liquidation, that effect is so uncertain and remote as to require that translation adjustments arising currently should not be reported as part of operating results," FASB 52 handles the effect of exchange rate changes as an adjustment to Blank______ rather than as an adjustment to Blank______. Multiple choice question. net cash flow; equity equity; net income net income; net cash flow

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