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comparative accounting The translating process of the statement of financial position of ABC British company as a subsidiary of American parent group provided the following

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The translating process of the statement of financial position of ABC British company as a subsidiary of American parent group provided the following information. Find the missing values (provide the answers inside the table itself) Hint: you can compute the exchange rates from the provided figures Item (in Sterling Pound) Monetary- Temporal (5) Nonmonetary (8) Inventories at 100,000 150,000 200,000 market value Investments at cost A: 300,000 B: Fixed Assets C: 225,000 225,000 Long-term debt D: E: 400,000 Common Stocks (par 500,000 F: H: value)

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