_____ 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.

Question

_____ 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.

Quizplus · Accepted Answer

The Answer of _____ 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.

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