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Business, 07.08.2019 00:10 rachael8304

Company x denominated a december 1, 20x9, purchase of goods in a currency other than its functional currency. the transaction resulted in a payable fixed in terms of the amount of foreign currency, and was paid on the settlement date, january 10, 2010. exchange rates moved unfavorably at december 31, 20x9, resulting in a loss that should: multiple choice be included as a separate component of stockholders' equity at dec. 31, 20x9. be included as a component of income from continuing operations for 20x9. be included as a deferred charge at december 31, 20x9. not be reported until january 10, 2010, the settlement date.

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