Business, 03.12.2019 17:31, dennismathews01

Under the current/noncurrent method
a)a foreign subsidiary with current assets in excess of current liabilities will cause a translation gain (loss) if the local currency appreciates (depreciates).
b)a foreign subsidiary with current assets in excess of current liabilities will cause a translation loss (gain) if the local currency appreciates (depreciates).
c)a foreign subsidiary with current assets in excess of current liabilities will cause a translation gain (loss) if the local currency depreciates (appreciates)

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Under the current/noncurrent method
a)a foreign subsidiary with current assets in excess of c...