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2 pts Fargo. Inc. is a us based MINc Japanese yen UPY) in both years 1 and 2. The weighted average exchange rates for years
2 pts Fargo. Inc. is a us based MINc Japanese yen UPY) in both years 1 and 2. The weighted average exchange rates for years 1 and 2 are $0.009 and $0.012 respectively. What will be the impact of the exchange rate effect on the translated U.S. dollar earnings of the Japanese subsidiary? whose Japanese subsidiary earned 1 Billion Time Ru Attempt d 31 Minu U.S, dollar has The year 2 value would be S3 Milion higher owing to the fact that depreciated against the JPY The year 1 value would be $3 Milion lower owing to the fact that the JPY has depreciated against the U S dollar he year 2 value would be S3 Million lower owing to the fact that the U.S. dollar has depreciated against the UPY ould be se Milion higher owing to the fact that the US. dollar has year app
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