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14 Toreferindustry wents of the Apex Company report the following operating profilow) Industry Segmen A Operating Pro Los 20.000 15.000 05.000 2,000 D Which segments are separately reportable? A and B A. B. and A, B, and D d. A.B.C. and D CONSIDER THE FOLLOWING INFORMATION FOR QUESTIONS #15 AND #16. Lansing Company borrowed 100.000 deutsche marks (DM) from a German bank on July 1. 1998 The loan is due on July 1. 1999, and is payable in DM. Spot rates on various dates follow: Transaction date (7/1/98) 1 DM - 5.60 Balance sheet date (12/31/98) IDM = 5.65 Settlement date (7/1/99) 1 DM = 5.62 Refer to the above information. On December 31, 1998, the loan payable to the German bank should be reported at: IS a $60,000 b. S65,000 c. $66,000 d. $62,000 6 Refer to the above information. The foreign currency transaction gain (loss) for 1998 and 1999 should be: 1998 1999 a SO $(1.000) b. S(3.000) $2,000 c. S(5.000) $3.000 d. none of the above a Usually, an investment of 20 to 50 percent in another company's voting stock is reported the: cost method 16. equity method c. percentage method d. none of the above 3