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If Walla uses the current rate method to translate the British subsidiarys financial statements into U.S. dollars, how is the British subsidiarys 20X2 gross margin
If Walla uses the current rate method to translate the British subsidiarys financial statements into U.S. dollars, how is the British subsidiarys 20X2 gross margin percentage, based on its U.S. dollar financial statements, most likely to compare to its gross margin percentage based on the 20X2 British pound financial statements? Explain
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