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Required: 1 . Identify a firm that has foreign affiliates and provide a copy of the firms footnote disclosureregarding foreign currency in the Appendix in

Required:1. Identify a firm that has foreign affiliates and provide a copy of the firms footnote disclosureregarding foreign currency in the Appendix in your report. Are the foreign affiliates subsidiariesor equity investees?2. Does the firm translate or re-measure? How important are the re-measurement/translationgains/losses? Consider both their size relative to Net Income and/or OCI.3. How do the gains/losses in the current year compare with those in prior years?4. Does the firm attempt to manage the risk of currency fluctuations? If so, do they provide anyinformation about their methodology?Your report should include a copy of the footnote disclosures that discuss foreign currency issues from a10-K filing for the reporting period ending 12/31/22 or later if available. Excluding the copied footnotedisclosures in the Appendix, your report be typed and no longer than three double-spaced pages

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