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Which of the following ratios may be larger or smaller in the reporting currency (RC) versus the local currency (LC) when translated under the current
Which of the following ratios may be larger or smaller in the reporting currency (RC) versus the local currency (LC) when translated under the current rate method? In other words, which of the following ratios may change when the financial data are translated into the reporting currency under the current rate method? A. Current ratio. B. Return on assets. C. Net profit margin. D. None of the above
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