In translating a foreign subsidiary's financial statements, what exchange rate should be used for the subsidiary's revenues and expenses?
What will be an ideal response?
The historical rate that was in effect when the revenues and expenses were incurred should be used unless those revenues and expenses occur throughout the year, and then a weighted average exchange rate for the year may be used.
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An equity investment in less than 20% of another company's stock is accounted for using the cost method
a. True b. False Indicate whether the statement is true or false
In a good news message the opening of the message should contain what?
A) Reasons for your decision B) Explanation of your request C) A clear statement of the request D) Request for specific action E) Justification for the message
The strategy of merging the interests of R&D and marketing is
a. consolidation. b. co-optation. c. collaboration. d. consistency. e. coercion.
If no time limit is stated, an offer will not terminate until both parties agree
Indicate whether the statement is true or false