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Assume Posey were to obtain a international subsidiary with non-US$ functioning currency. Prepare a memo that addresses the following critical elements: A. Outline the unique

Assume Posey were to obtain a international subsidiary with non-US$ functioning currency. Prepare a memo that addresses the following critical elements: A. Outline the unique calculations required to complete the consolidation worksheet. B. Outline the unique calculations required on the statement of cash flows.

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