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  3. Study Set
    Principles of Managerial Finance
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    Exam 3: Financial Statements and Ratio Analysis
  5. Question
    A US Parent Company's Foreign Retained Earnings Are Not Adjusted for for Currency
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A US Parent Company's Foreign Retained Earnings Are Not Adjusted for for Currency

Question 78

Question 78

True/False

A U.S. parent company's foreign retained earnings are not adjusted for currency movements to reflect each year's operating profits or losses.

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