Question: What is the reportable foreign exchange gain/ioss amount in SG'S 2017 Income Statement? (1 Point) On October 20, 2016, SG Company sold goods on


What is the reportable foreign exchange gain/ioss amount in SG'S 2017 Income Statement? (1 Point) On October 20, 2016, SG Company sold goods on account to Popsters Company for 80,200 Euro. The date of invoice is Oct&r 25, 2016 and the payment is due on January 29, 2017. Exchange rates were as follovvs: Oct. 20, 2016 Oct. 25, 2016 Dec. 31, 2016 Jan. 29, 2017 BID Rate (Buying) 65.5 67.7 65.1 63.4 OFFER Rate (Selling) 67.2 67.8 65.4 64.5
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