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    Exam 10: Translation of Foreign Currency Financial Statements
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    If the Current Rate Used to Restate These Amounts Is
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If the Current Rate Used to Restate These Amounts Is

Question 23

Question 23

Multiple Choice

If the current rate used to restate these amounts is $.95, what was the average historical rate used to arrive at the total amount for historical rates?


A) $0.9000.
B) $1.0000.
C) $0.9500.
D) $0.9474.
E) $1.0556.

Correct Answer:

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