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mantparn mantparn
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7 years ago
FASB No. 52 requires U.S. multinationals to first convert the financial statement accounts of foreign subsidiaries into their functional currency and then to translate the accounts into the parent firm's currency using the all-current-rate method.
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Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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donnabandonnaban
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7 years ago
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mantparn Author
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6 years ago
Thanks for the assistance, I've marked your post as best answer
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