Whirlpool Corporation reported the following stockholders' equity:

Whirlpool owns controlling interests in several subsidiary companies that are incorporated in foreign countries, mainly in Europe. During 19X2, was the U.S. dollar strong or weak relative to the monetary currencies of these European countries? Explain your answer.

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Stockholders' Equity Capital stock..... Paid-in capital......... Retained earnings. Other......... Cumulative translation adjustments.. Treasury stock at cost....... Millions of Dollars 19X2 19X1 $ 76 $ 75 47 37 1,721 1,593 (18) (12) (49) (1) (177) (177) $1,600 $1,515