Assume Posey were to obtain an international subsidiary with non-US$ functioning currency. Prepare a short 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.

Your Excel workbook must be completed thoroughly. The memo should follow these guidelines: 12 pages in length, double spaced, 12-point Times New Roman font, one-inch margins, and citations in APA style.