Multiple Choice
By what amount (in Canadian Dollars) would XYZ have to adjust its Loan Liability on December 31, 2017 as a result of the year's foreign exchange rate fluctuations?
A) $3,500 decrease.
B) $2,500 decrease.
C) $2,500 increase.
D) Nil.
Correct Answer:

Verified
Correct Answer:
Verified
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