Relative to the gross margins the subsidiaries report in local currency, Romuluss consolidated gross margin most likely
Question:
Relative to the gross margins the subsidiaries report in local currency, Romulus’s consolidated gross margin most likely :
A . will not be distorted by currency translations.
B . would be distorted if Augustus were using the same translation method as Julius.
C . will be distorted because of the translation and inventory accounting methods Augustus is using.
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Related Book For 
International Financial Statement Analysis
ISBN: 9781118999479
3rd Edition
Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie
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