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MatroZZZ [7]
2 years ago
13

Eagle, Inc. is a manufacturer and distributor of consumer products in the U.S. It has a wholly owned foreign subsidiary, El Rio,

which sells Eagle products in Mexico. El Rio receives all of its products from Eagle, sells those products, and remits the proceeds to Eagle. El Rio maintains its books and prepares its financial statements in the Mexican peso. Which one of the following methods will Eagle most likely use to convert El Rio's financial statements to dollar-based statements?A. Translation.B. Remeasurement.C. Translation and then remeasurement.D. Remeasurement and then translation.
Business
1 answer:
Anit [1.1K]2 years ago
5 0

Answer:

B. Remeasurement.

Explanation:

Remeasurement -

It is the process in which the values of a physical asset or company;s financial statements or the foreign currency  , are re - evaluated .

It is the method to of reestablishing the value of the item , in a few situation ,

The first is the land , as the value of the land changes a lot and and can not be reflected in the balance sheet correctly .

The advantage of Remeasurement is to maintain accuracy in the record data .

Hence ,

from the question ,

The correct term for the given data is ( b ).

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Incomplete question. The option read;

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Answer:

<u> A) star</u>

Explanation:

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Among all the quadrants, the Star quadrant is meant for investments with great future potential. We could recall that there's a positive projection for MJS, it was said that the<em> "fruit market is expected to have a double-digit growth rate over the next decade." </em>Hence,  MJS would most likely be classified as a star.

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2 years ago
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Answer:

personal selling

Explanation:

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5 0
2 years ago
This year, the Tastee Partnership reported income before guaranteed payments of $161,500. Stella owns a 40% profits interest and
Aloiza [94]

Answer

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5 0
3 years ago
Kristi's Pottery sold 200 tiles at $25.00 each to a charge customer, terms 1/10, n/30. Which entry is required to record this tr
loris [4]
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4 0
3 years ago
Read 2 more answers
osie Dry Cleaning was started on January 1, Year 1. It experienced the following events during its first two years of operation:
neonofarm [45]

Answer:

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6 0
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