Assume that a parent company sets up a subsidiary to produce printed circuit boards in a foreign country that has lower tax and labor rates. The subsidiary purchases components from the parent, produces the PCBs, and then sells them back to the parent. The subsidiary keeps its books in the local (foreign) currency, but all purchase and sales prices are pegged to US doller. At what rate would be depreciation expense recorded in the subsidiary's books be translated to US dollars?a. The current rateb. The average rate of the yearc. The historical rate that was in effect when the related asset was purchasedd. The beginning of the year rate

The correct option is C

Explanation:

Even though for all the incomes and the expenses we usually use the average rate for the year, however, in case of the allocations like the depreciation or an amortization of deferred revenue, we usually use the historical rate of when such allocation was made, that is when such an asset was purchased in the current case.

Therefore, the correct answer is "C" : The historical rate that was in effect when the related asset was purchased.

the answer to this question would be shared investment

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.