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7) Find the foreign currency gain or loss for this U.S. MNC translating the balance sheet and 7) Find tIle foreign currency gain or loss
7) Find tIle foreign currency gain or loss for this US. BINC translating balance sheet and income statanent ofa French subsidiary. which keeps its books m then is translated into U.S. dollars using the current/noncutrent meffodtbe reptting of US _ subsidiary is at end of its first of operation. histcgi:al exchange rate is Sl 60/1.00 and the most recent exchange rate is SI_SO/ $ 3.150 S 2.250 $ 4. goo $ 10,200 s 1. soo $ 4,320 s 10.200 s 15.484 5 2.271 ; 1.363 Net Current Long Total LGE Sales Revenue Tax (408) profit cl.B00) (loss) e e 2.100 i. SOO 3.000 6, 600 1.200 1. eco 2, 700 900 E. 00 Soo ZOO i. SOO e 00 900 e 900 e 30 0 e
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