Business
Business, 03.05.2021 23:20, BriTheKueen

When a company uses the current rate method, the translation adjustment from translating a foreign subsidiary's financial statements should be shown as Multiple Choice An asset or liability (depending on the balance) in the consolidated balance sheet. A component of stockholders' equity in the consolidated balance sheet. A revenue or expense (depending on the balance) in the consolidated income statement. A component of cash flows from financing activities in the consolidated statement of cash flows.

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