Janssens translation method, total assets for Triofi nd-B translated into Triofi nds presentation currency as of December

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Janssen’s translation method, total assets for Triofi nd-B translated into Triofi nd’s presentation currency as of December 31, 2016 are c losest to:

A . NER1,375,000.

B . NER1,380,252.

C . NER1,434,783.

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International Financial Statement Analysis Workbook

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

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Question Posted: Mar 29, 2024 01:01 AM

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Janssens translation method, total assets for Triofi nd-B translated into Triofi nds presentation currency as of December

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B is correct Using the temporal method monetary assets ie cash are translated using the current ...View the full answer

International Financial Statement Analysis Workbook

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