On november 1, 20x8, denver company borrowed 500,000 local currency units (lcu) from a foreign lender evidenced by an interest-bearing note due on november 1, 20x9, which is denominated in the currency of the lender. the u. s. dollar equivalent of the note principal was as follows:

7/1/x8 (date borrowed) $ 100,000
12/31/x8 (denver’s year-end) 125,000
7/1/x9 (date repaid) 140,000

in its income statement for 20x9, what amount should denver include as a foreign exchange gain or loss on the note principal?

multiple choice

$15,000 gain

$25,000 gain

$15,000 loss

$40,000 loss

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.