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A Danish subsidiary of a U.S. corporation recorded a building it purchased in 2020 for 100,000,000 krone, when the exchange rate was $0.132/krone. The current
A Danish subsidiary of a U.S. corporation recorded a building it purchased in 2020 for 100,000,000 krone, when the exchange rate was $0.132/krone. The current exchange rate is $0.163/krone. Under the temporal method, how should the translated amount of the restated asset be interpreted? O a. The U.S. parent would have had to pay $100,000,000 to acquire the building in 2020. Ob. The U.S. parent would have to pay $16,300,000 to acquire the building today, Oc The U.S. parent would have had to pay $15,200,000 to acquire the building in 2020. Od. The U.S. parent would have had to pay $13,200,000 to acquire the building in 2020
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