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13-2 (Continued) Required: A. Prepare a schedule to determine the translation gain or loss for 2013, assuming the net monetary liability position on January 1,

13-2 (Continued) Required: A. Prepare a schedule to determine the translation gain or loss for 2013, assuming the net monetary liability position on January 1, 2014, was 180,000 pounds. B. Compute the...

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