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X Inc and Y Inc.are virtually identical companies with identical cost structures and very similar business practices operating in the same lines of business.X Inc is based in Canada while Y Inc.is based in Japan.The following are the condensed Income Statements for both companies for the past fiscal year.For the sake of simplicity,Y Inc's results have been translated into Canadian Dollars.
Required:
Given the information provided,what are some possible causes for the differing results of these companies?
Supreme Court
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Agricultural Adjustment Act
A U.S. federal law enacted in 1933 as part of the New Deal, aiming to boost agricultural prices by reducing surpluses.
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