The U. S. dollar has been steadily strengthening with respect to the Hong Kong dollar. A U. S. parent has a Hong Kong subsidiary. The subsidiary has positive net assets and its monetary assets are less than its liabilities. The subsidiary's functional currency is the U. S. dollar. Which statement is most likely to be true concerning the gain or loss resulting from conversion of the subsidiary's accounts to U. S. dollars? A. A loss will be reported in income. B. A gain will be reported in income. C. A loss will be reported in other comprehensive income. D. A gain will be reported in other comprehensive income.

Match the type of agreements to their descriptions. will trust living will prenuptial agreement

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

Describe the three different ways the argument section of a cover letter can be formatted