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_____ Information for 2006 Pertaining to a Foreign Subsidiary's Statement

Question 89

Multiple Choice

_____ Information for 2006 pertaining to a foreign subsidiary's statement of cash flows is as follows:
_____ Information for 2006 pertaining to a foreign subsidiary's statement of cash flows is as follows:   What is the effect of the change in the exchange rate on cash for 2006? A)  $14,000 favorable. B)  $(2,000)  unfavorable. C)  $6,000 favorable. D)  $(6,000)  unfavorable. E)  None of the above. What is the effect of the change in the exchange rate on cash for 2006?


A) $14,000 favorable.
B) $(2,000) unfavorable.
C) $6,000 favorable.
D) $(6,000) unfavorable.
E) None of the above.

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