Question: please show solution, Ty!!! 6 o/1 point A partial listing of a company's accounts is presented below: Revenues 80,000 Operating expenses 50,000 Foreign currency translation
please show solution, Ty!!!
6 o/1 point A partial listing of a company's accounts is presented below: Revenues 80,000 Operating expenses 50,000 Foreign currency translation adjustment gain, net of tax 4,000 Income tax expense 10,000 What amount should the company report as Other Comprehensive income? 4000 30,000 Correct Answer: 4000 0 24,000 20.000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
