Foreign exchange gain or loss

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Reference no: EM13146940

When a U.S. company purchases parts from a foreign company, which of the following will result in no foreign exchange gain or loss?

• The transaction is denominated in U.S. dollars

• The transaction resulted in an extraordinary gain

• The transaction resulted in an extraordinary loss

• The foreign currency appreciated in value relative to the U.S. dollar

• The foreign currency depreciated in value relative to the U.S. dollar

Reference no: EM13146940

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