CASE IV (25%) Translation of Foreign Currency Financial Statements Access the 2019 annual report for a U.S.-based multinational company to complete the requirements of this case. Required: a. Determine whether the company's foreign operations have a predominant functional currency b. If possible, determine the amount of remeasurement gain or loss, if any, reported in net income in each of the 2018 and 2019 years. c. Determine the amount of translation adjustment, if any, reported in other comprehensive income in each of the 2018 and 2019 years. Explain the sign (positive or negative) of the translation adjustment in each of the 2018 and 2019 years. d. Determine whether the company hedges net investments in foreign operations. If so, determine the type(s) of hedging instrument(s) used. CASE IV (25%) Translation of Foreign Currency Financial Statements Access the 2019 annual report for a U.S.-based multinational company to complete the requirements of this case. Required: a. Determine whether the company's foreign operations have a predominant functional currency b. If possible, determine the amount of remeasurement gain or loss, if any, reported in net income in each of the 2018 and 2019 years. c. Determine the amount of translation adjustment, if any, reported in other comprehensive income in each of the 2018 and 2019 years. Explain the sign (positive or negative) of the translation adjustment in each of the 2018 and 2019 years. d. Determine whether the company hedges net investments in foreign operations. If so, determine the type(s) of hedging instrument(s) used