After translating Consol-Cans 31 December 20X2 balance sheet into the parent companys currency (US$), the translated value

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After translating Consol-Can’s 31 December 20X2 balance sheet into the parent company’s currency (US$), the translated value of retained earnings will be closest to:

A . $41 million.

B . $44 million.

C . $46 million.

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International Financial Statement Analysis

ISBN: 9781118999479

3rd Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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