The following type of U.S. company is most likely to include in its consolidated financial statements subsidiaries with non-U.S. functional currencies.

Multiple Choice

• A company with branch offices in Korea

• A manufacturer producing parts in Korea, for later assembly in the U.S.

• A conglomerate with foreign investments in many different industries.

• U.S. textile company that produces garments produced for the U.S. market primarily in Sri Lanka