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Question No. Two: (8 Marks) The translating process of the statement of financial position of ABC British company as a subsidiary of American parent group

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Question No. Two: (8 Marks) 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 (8) Nonmonetary (S) Inventories at 100,000 150,000 200,000 market value Investments at cost A:600000 300,000 B: Fixed Assets C:225000 225,000 225.000 D: E: 400.000 Long-term debt F:150000 H: Common Stocks (par 500,000 value)

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