A U.S. firm has purchased, for 50,000 FC, an electric generator from a foreign firm. The exchange rates were 1 FC = $0.80 on the delivery date and 1 FC = $0.76 when the payable was paid. What is the final recorded value of the equipment if the two-transaction method is used? Select one: O a. $38,000 O b. $42,000 O c. $40,000 O d. $50,000 Sharp Company owns a Japanese subsidiary, whose functional currency is the yen. On October 15, 2019, when the rate of exchange was 121 yen to $1, the Japanese subsidiary declared and paid a dividend to Sharp of 24,000,000 yen. The dividend represented the net income of the foreign subsidiary for the six months ended June 30, 2019, during which time the weighted average of exchange rates was 125 yen to $1. The rate of exchange in effect at December 31, 2019, was 135 yen to $1. rate of exchange used to translate the dividend for the December 31, 2019 financial statements is: Select one: O a. 121 yen to $1 O b. 135 yen to $1 O c. 128 yen to $1 O d. 125 yen to $1 A land was purchased in 2015 at price of $180,000. GPI at that time was 200, the Converted figure in current dollars on 15-8-2020 when index stood at 500 is: Select one: O a. $450,000 O b. $180,000. O c. $360,000 O d. $900,000 If the value of the price index for the current year is equal to 300, and last year's value was 250, the annual rate of inflation is: Select one: O a. 15% O b. 25%. O c. 20% O d. 10%