急问：level 2 free sample exam 的21.22题答案是不是有问题？ exchange, included, holding, assets

xuxu_baby

#21, the answer is 274=86+147+41, but I think that should be 192=86+147-41.

For #22, the translation gain on Kerwin's identifiable assets resulting from exchange rate changes, why flow effect is also included? I thought it should be holding effect only.

Thanks.

xuxu_baby

but for #23, the effect of exchange rate changes on net sales includes only holding effects.

Does that mean that the effect of exchange rate changes on income statement items are different from that on balance sheet item?

Thank you.