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Daniel Company is a wholly owned subsidiary of Renata Corporation. Daniel operates in a foreign country with financials statements recorded in goghs (GH), the company's
Daniel Company is a wholly owned subsidiary of Renata Corporation. Daniel operates in a foreign country with financials statements recorded in goghs (GH), the company's functional currency. If the parent company, Renata, reports in U.S. dollar what method would you use to convert the financials statements from GH functional to USD parent reporting currency
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