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Business, 14.10.2019 23:10 Zaayyyy

On october 1, 2017, tile co., a u. s. company, purchased products from azulejo, a portuguese company, with payment due on december 1, 2017. if tile's 2017 operating income included no foreign exchange gain or loss, the transaction could have
a) been denominated in us dollars
b) resulted in an unusal gain
c) generated a foreign exchange gain to be reported as a deffered charge on the balance sheet
d) generated a foreign exchange loss to be reported as a separate component of stockholders equity

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On october 1, 2017, tile co., a u. s. company, purchased products from azulejo, a portuguese company...

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