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can someone check this and let me know if im wrong or right? A Clarke Corporation subsidiary buys marketable equity securitles and inventory on April

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A Clarke Corporation subsidiary buys marketable equity securitles and inventory on April 1, 2020, for 100,000 won each. it. pays for both items on June 1, 2020, and they are stili on hand at year-end. Inventory is carried at cost under the lower-ofcost-or-net realizable rule. Currency exchange rates in 2020 follow: Problem 8-10 (Algo) (LO 8-2, 8-4) Issume that the won is the subsidiary's functional currency. What balances does a consolidated balance sheet report as of December 31,2020 ? Mutiple Choice Marketable equity secuities =$52,000 and inventory =$52,000. Marketable equity securities =$55,000 and inventory =$55,000. Marketable equity securities =$55,000 and inventory =$52,000. Marketable equity securities =$53,000 and inventory =$53,000. Mutiple Choice Marketable equity securites =$52.000 and inventory =$52.000 Marketable equity securities =$53,000 and inventory =$53,000. Marketable equity securisies =$55,000 and inventory =$52,000 Marketable equify securties =$55,000 and inventory =$55,000

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