On April 1, 20X6, EXP Inc. borrowed €550,000 from a European bank. Interest is payable at the rate of 6% on March 31 each year. EXP's fiscal year end is December 31. Relevant exchange rate information follows: April 1, 20X6 €1 = C$1.33 December 31, 20X6 €1 = C$1.45 Average for 20X6 (April to December) €1 = C$1.38 What is the amount of foreign exchange loss to be reported on the statement of comprehensive income (SCI) of EXP for the year ended December 31, 20X6, related to the loan and loan interest? a) $64,267.50 loss
b) $66,000.00 loss
c) $67,732.50 loss
d) $68,310.00 loss

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.