A multinational company, Gallifrey International, has just reported their annual financial results. The company reports a net monetary asset exposure, which means the company has more monetary assets than liabilities. When the foreign currency is appreciating, what best describes the impact on the firm's total assets? Total assets of the firm will be higher if the firm uses the current rate method because all assets will be translated at the spot rate. The specific value of total assets will be identical under the current rate and temporal methods. Total assets of the firm will be lower if the firm uses the temporal method because all assets will be translated at the historical rate