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  • ACCT3563Week10 FEX Example 1

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    Yang Shan
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    Income Statement $a Functional ($us local) US$000 Rate A$000 A$ Presentation ($us function) rate $a$000 sales revenue Cost of sales Employee exp Admin exp Depreciation Interest exp Forex loss Profit before tax Income tax exp Profit after tax.

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    Original Title

    ACCT3563Week10 FEX Example 1(1)

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    Income Statement $a Functional ($us local) US$000 Rate A$000 A$ Presentation ($us function) rate $a$000 sales revenue Cost of sales Employee exp Admin exp Depreciation Interest exp Forex loss Profit before tax Income tax exp Profit after tax.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    18 views1 page

    ACCT3563Week10 FEX Example 1

    Uploaded by

    Yang Shan
    Income Statement $a Functional ($us local) US$000 Rate A$000 A$ Presentation ($us function) rate $a$000 sales revenue Cost of sales Employee exp Admin exp Depreciation Interest exp Forex loss Profit before tax Income tax exp Profit after tax.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Income Statement

    $A Functional ($US Local) US$000 Rate A$000 A$ Presentation ($US Function) Rate A$000

    Sales revenue Cost of sales Employee exp Admin exp Depreciation Interest exp **Forex loss** Profit before tax Income tax exp Profit after tax

    20000 -9000 -1000 -1500 -3000 -2500 3000 -900 2100 Balance Sheet
    $A Functional ($US Local) US$000 Rate A$000 A$ Presentation ($US Function) Rate A$000

    Cash Trade debtors Inventory Lease asset Accum. Depn Land

    34100 4000 6000 30000 -3000 25000 96100 1000 29000 14000 44000 52100 50000 2100 52100

    Trade payable Lease liability Borrowings

    Share capital Retained profits **Forex Reserve**

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