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Companies must decide whose rate of return (i.e., local vs. parent currency returns) to use when evaluating foreign direct investment opportunities. Discuss the internal reporting
Companies must decide whose rate of return (i.e., local vs. parent currency returns) to use when evaluating foreign direct investment opportunities. Discuss the internal reporting dimensions of this decision in a paragraph or two.
Please be thorough. Thanks.
Choi, Frederick D. S and Meek, Gary K., 2011, International Accounting
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