Question: Loft inc had a fixed-rate note outstanding and entered into an interest swap to havis th. values are as follows. change is ignored. reported under

Loft inc had a fixed-rate note outstanding and entered into an

Loft inc had a fixed-rate note outstanding and entered into an interest swap to havis th. values are as follows. change is ignored. reported under AOCl in the balance sheet reported under retained earnings in the babance sheet. reported in the income stement. None of these answer chokces are correct

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