Reading 24: Multinational Operations LOS d ～ Q83-84 income, values, balance, following

mayanfang1

Q83. As Heltzel is translating the balance sheet and income statement, which of the following are closest to the values Heltzel      

     determines for revenues and accounts payable for 2005?

       Revenues                        Accounts Payable

 

 

A)            £44,118                               £3,529

B)            £41,667                              £3,333

C)            £44,118                               £3,333

Q84. Using the appropriate translation method, what will be the translation gain or loss Heltzel will record, and which of the financial

     statements will he record it on?

       Translation Gain/Loss                     Financial Statement

 

 

A)            −$392.14                                    Balance sheet

B)            −$392.14                                   Income statement

C)            +$1,518.06                               Income statement

[此贴子已经被作者于2009-1-20 13:14:06编辑过]

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