Companies can lose and gain money on changes in exchange, Financial Management

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Companies can lose and gain money on changes in exchange

Companies can lose and gain money on changes in exchange rates. How do you suppose companies record these gains and losses from changes in exchange rates? What sort of accounting entries would be made to get this information listed on the company's books? Where would it show up on the financial statements?

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Financial Management: Companies can lose and gain money on changes in exchange

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