Ginza Enterprises, a subsidiary of Universal Enterprises based in Dallas, reported the following information at the end of its first year of operations (all in yen): assets--110,000,000; expenses--41,000,000; liabilities--97,500,000; capital stock--5,500,000; revenues--48,000,000 . Relevant exchange rates are as follows: On date subsidiary stock was purchased ................ $.085 Average rate
for the year ............................. .078 At year end ........................................... .075 As a result of the translation process, what amount is recorded on the financial statements as the translation adjustment?
a. $21,000 debit adjustment
b. $76,000 debit adjustment
c. $21,000 credit adjustment
d. $76,000 credit adjustment
B
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Which of the following is most likely true about international research?
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All of the following are conventions relevant to workforce diversity except:
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A linear programming problem contains a restriction that reads "the quantity of S must be no more than one-fourth as large as T and U combined." Formulate this as a linear programming constraint
What will be an ideal response?