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Business, 27.08.2019 01:20 itzdulce

Panco, a u. s. entity, has a subsidiary, sanco, located in a foreign country. sanco's operations are concentrated in the country in which it is located and are essentially independent of panco. the economy of the foreign country is not highly inflationary. which one of the following processes should panco use to convert sanco's financial statements to dollar-based statements for consolidation purposes? a. translation. b. remeasurement. c. translation, and then remeasurementd. remeasurement, and then translation.

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Panco, a u. s. entity, has a subsidiary, sanco, located in a foreign country. sanco's operations are...
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