Losses from foreign currency translation were recognized.
a. as a component of operating income
b. as a non-operating income item (other income or expense)
c. as a discontinued operation
d. as an item of other comprehensive income
Ans: d. as an item of other comprehensive income
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Manufacturers that add online channels may avoid alienating retailers or other intermediaries by offering different brands or products through online channels than in stores
Indicate whether the statement is true or false
Which of the following is an advantage of direct investment?
A) Direct investment involves fewer risks than joint ownership. B) Direct investment ensures that a firm is shielded from market changes. C) Direct investment allows a firm to keep full control over the investment. D) Direct investment involves minimal financial or time expenditures. E) Direct investment protects the firm from currency devaluation.