As is explained on both the Help screens for the Branded Sales Report and the Private-Label Sales Report, when exchange rate shifts result in a weaker US$ and a stronger Singapore $, then the Sing$ collected on footwear sales in the Asia-Pacific, when converted into US$, result in
- foreign exchange gains that have the effect of enhancing company revenues and profits.
- foreign exchange losses that have the effect of enhancing company revenues and profits.
- None of the above is accurate.
- foreign exchange gains that have the effect of reducing company revenues and profits.
- foreign exchange losses that have the effect of reducing company revenues and profits.