. 20 aswered A Saudi parent company controls 80% of a Subsidiary in the Philippines. Where are the translation exchange gains/losses reported for the foreign Subsidiary in the Philippines if the Philippines' Peso is used as its functional currency? e of 1.00 estion Select one: O a. None of the answers is correct O b. In the statement of owners' equity O c. As part of the cash flows from investing activities d. In the income statement e. As other comprehensive income as part of the equity