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Explain the re-measurement and translation process within FASB 52 of translating into the reporting currency the books of a completely owned affiliate that keeps its books in the local currency of the country where it operates, which is different as compared to its functional currency.
Answer: For a foreign entity which keeps its books in its local currency, which is dissimilar from its functional currency, the translation process as per to FASB 52 is to: 1st, re-measure the financial reports from the local currency into the functional currency by using the temporal method of translation, and 2nd, translate from the functional currency into the reporting currency by using the current rate method of translation.
Manage a project or clearly defined piece of work from beginning to end. This may include setting up a budgetary system.
Ask questiSuggestion regarding Credit limit. Should it be approved or not, what should be the amount of credit limit that electronics give to Booth Plastics.
Profitability Index (PI) : It is a ratio of the present value of the total cash benefits to the present value of the net cash outlay. The higher the PI, the higher the return.
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Examine the reasons for holding inventories by a firm & also discuss the techniques of inventory control
2010 equity balance required: (600-20 - 25 - 15 - 20)= 520 employees eligible Total expected equivalent value = 520 x 500 options x $1.48 = $384,800 $384,800 x 3/4 years = $28
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Robert Litterman and Jose Scheinkman were the first to study how changes in the shapes of the yield curve affect the total return on the Treasury securities. The histor
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