You are an analyst reviewing the impact of three currency translation methods (current / non- current, monetary / non-monetary and temporal) on a Yen subsidiary operations of a parent company with a Dollar home currency. The following information has been gathered from company and market sources. Excerpts of company financial information:

a.) Calculate the companys financial information under each of the three currency translation methods.

b.) Based on inventory turnover, return on equity and return on assets, which currency translation method presents the best company results. Justify your answer with calculations.

Total Revenue (Jan 1 Dec 31, 2018 Net income (Jan 1 Dec 31 Current yearPrior Balance sheet sh 2500 s Re 14 Invent Nov ses 018 94 Fixed Assets Feb 1, 201 4500 44.33 Accounts Pa 1250 12.32 29.56 41 Term Debt (issued Mar 30, 2015 3000 ta Total e 5300 Exchange rate excerpts FIX rate (close of trading day) as of Feb 1, 2010 as of Mar 30, 2015 as of Nov 26, 2018 as of Dec 31, 2018 Yen/ $ 89.2500 113.5080 108.5304 an 1- Dec 31.2018 avera Total Revenue (Jan 1 Dec 31, 2018 Net income (Jan 1 Dec 31 Current yearPrior Balance sheet sh 2500 s Re 14 Invent Nov ses 018 94 Fixed Assets Feb 1, 201 4500 44.33 Accounts Pa 1250 12.32 29.56 41 Term Debt (issued Mar 30, 2015 3000 ta Total e 5300 Exchange rate excerpts FIX rate (close of trading day) as of Feb 1, 2010 as of Mar 30, 2015 as of Nov 26, 2018 as of Dec 31, 2018 Yen/ $ 89.2500 113.5080 108.5304 an 1- Dec 31.2018 avera