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Galaxy's Swiss subsidiary has the following balance sheet Cash, mark securities SF 250,000 Current abilities SF 750,000 Accounts receivable 1,000,000 Long-term debt Equity 3400.000 Inventory

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Galaxy's Swiss subsidiary has the following balance sheet Cash, mark securities SF 250,000 Current abilities SF 750,000 Accounts receivable 1,000,000 Long-term debt Equity 3400.000 Inventory at market 2.700.000 Total lab plus equity 4.900.000 Fixed Assets Total assets 5,100,000 SF -SE 9.050,000 9,050,000 Suppose the value of the SF changes from 50.700 to $0.758 during the period Under the current rate method, what is Galaxy's translation gain (loss).? again of $289.100 a loss of $289.100 O again of $284 200 a loss of $284.200 Question 25 2.5 pts

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