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Global Trading Company.converts its foreign subsidiary financial statements using the translation process.The company's Swiss subsidiary reported the following for 2014: revenues and expenses of 13,220,000 and 6,672,000 Swiss francs,respectively,earned or incurred evenly throughout the year,dividends of 2,000,000 Swiss francs were paid during the year.The following exchange rates are available:
Translated net income for 2014 is
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The presiding officer of the United States House of Representatives, responsible for maintaining order and managing the legislative process in the House.
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