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2. You are an analyst reviewing the impact of currency translation methods (currenton-current method, monetary / non-monetary method and temporal method) on a company's operations

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2. You are an analyst reviewing the impact of currency translation methods (currenton-current method, monetary / non-monetary method and temporal method) on a company's operations with a Yen home currency. The following information has been gathered from company and market sources Excerpts of company financial information Euro/ 13685 FIX ste dose of trading day as of Feb 1, 2010 as of Mar 2015 as of Nov 26 2018 as of Dec 31, 2018 Jan 1. Dec 31, 2018 Euro Invertory value (@Dec 31, 2018) Total Revenue (Jan 1 - Dec 31, 2016 Net income on 1. Dec 31) 5500 1.250 Current year Prior year 2500 1901 1.065 Habance sheet Cash Accounts Receivable Inventory (@Nov 26, 2018) Prepaid expenses (Nov 25, 2018) Fixed Assets (ace Feb 1, 2010) To assets 1400 750 Accounts Payable Long Term Debt (issued Mar 30, 2015 Tabs 3000 2281 Capstock Feb 1, 2010) Retained camings | Tata' eputy 3000 2300 5300 2281 1749 9550 a. Calculate the company's financial information under each of the three currency translation methods. (20 marks) b. Based on inventory turnover return on equity and return on assets, which currency translation method presents the best company results. Justify your answer with calculations. (10 mars 2. You are an analyst reviewing the impact of currency translation methods (currenton-current method, monetary / non-monetary method and temporal method) on a company's operations with a Yen home currency. The following information has been gathered from company and market sources Excerpts of company financial information Euro/ 13685 FIX ste dose of trading day as of Feb 1, 2010 as of Mar 2015 as of Nov 26 2018 as of Dec 31, 2018 Jan 1. Dec 31, 2018 Euro Invertory value (@Dec 31, 2018) Total Revenue (Jan 1 - Dec 31, 2016 Net income on 1. Dec 31) 5500 1.250 Current year Prior year 2500 1901 1.065 Habance sheet Cash Accounts Receivable Inventory (@Nov 26, 2018) Prepaid expenses (Nov 25, 2018) Fixed Assets (ace Feb 1, 2010) To assets 1400 750 Accounts Payable Long Term Debt (issued Mar 30, 2015 Tabs 3000 2281 Capstock Feb 1, 2010) Retained camings | Tata' eputy 3000 2300 5300 2281 1749 9550 a. Calculate the company's financial information under each of the three currency translation methods. (20 marks) b. Based on inventory turnover return on equity and return on assets, which currency translation method presents the best company results. Justify your answer with calculations. (10 mars

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