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If the USDollar Is the Functional Currency of This Subsidiary, What Total

Question 56

Multiple Choice

If the U.S.dollar is the functional currency of this subsidiary, what total amount should be included in Tulip's balance sheet in U.S.dollars?

A) $609,000.
B) $658,000.
C) $602,000.
D) $630,000.
E) $616,000.

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