The 2013 annual report of Computer Corporation included the following disclosure:

During fiscal 2013, the U.S. dollar strengthened relative to the other principal currencies in which we transact business with the exception of the Japanese Yen. What effect did these currency fluctuations have on Computer Corporation's 2013 consolidated income statement?

a.) Net profit of the Japanese subsidiary will be the higher.

b.) Net profit of the Japanese subsidiary will be lower.

c.) Net assets of the subsidiaries that report in the other principal currencies will be higher.

d.) Net assets of the subsidiaries that report in the other principal currencies will be lower.

e.) Both A and D.

Consolidated Income Statement represents the income and expenses of both parent and subsidiary companies. It provides an aggregate look at both the financial position. It shows the overall picture of can entire group of companies.