Each of the following accounts has been converted to U.S. dollars from a foreign subsidiary's financial statements. Based on the information given, determine if the U.S. dollar or a foreign currency is the functional currency of the subsidiary.

F = Foreign Currency

D = U.S. Dollar

N/A = Cannot be determined

1. Cost of goods sold was converted at a historical rate ________

2. Marketable debt securities carried at cost were

converted at the year-end spot rate ________

3. Depreciation Expense was converted at the historical

rate at the date of acquisition of the subsidiary ________

4. Inventories carried at their historical cost were converted

at the spot rate from year-end ________

5. Intangible assets were converted at the historical exchange

rate at the date of acquisition of the subsidiary ________

6. Deferred income tax liability was converted at the

year-end spot rate ________

7. Property, Plant and Equipment were converted

at the year-end spot rate ________

8. Accounts Payable was converted at the year-end

spot rate ________

9. Patents were converted at the exchange rate in place at

the date of acquisition of the subsidiary ________

10. Accumulated depreciation on buildings was converted

at the year-end spot rate ________