In 1995,Ajax Manufacturing's German Subsidiary Has the Following Balance Sheet

question 12

Multiple Choice

In 1995,Ajax Manufacturing's German subsidiary has the following balance sheet:
Suppose the DM appreciates from $0.70 to $0.76 during the period.
-Under the current/noncurrent method,what is Ajax's translation gain loss.?

• A)a gain of $294,000
• B)a gain of $192,000
• C)a loss of $174,000
• D)a loss of $12,000

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Definitions:

Nature of the Exchange

Nature of the Exchange refers to the characteristics and dynamics of the interaction or transaction between parties, often analyzed in contexts of social, economic, or business relationships.

High LMX Relationship

A situation in leadership-management exchanges where there is a high level of trust, respect, and obligation between a leader and a follower.

Perceived Unfavourable Personality

The negative judgment or impression of an individual's character based on interpretations of their behaviour.

Compatibility

The ability of two or more systems, devices, or components to work together without conflict or error.