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6 A foreign operation has the following local infation rates Year 1: 10% Year 2: 20% Year 3: 30% Year 4: 1000 Year 5:15% What

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6 A foreign operation has the following local infation rates Year 1: 10% Year 2: 20% Year 3: 30% Year 4: 1000 Year 5:15% What is the applicable cumulative inflation rate that should be used for reporting as of end of year 5 What method will be used for remeasurement or translation of the foreign operation's foreign currency financial statements

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