Business, 03.09.2019 23:10 travis770

Eagle, inc. is a manufacturer and distributor of consumer products in the u. s. it has a wholly owned foreign subsidiary, el rio, which sells eagle products in mexico. el rio receives all of its products from eagle, sells those products, and remits the proceeds to eagle. el rio maintains its books and prepares its financial statements in the mexican peso. which one of the following methods will eagle most likely use to convert el rio's financial statements to dollar-based statements? a. translation. b. remeasurement. c. translation and then remeasurement. d. remeasurement and then translation.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 02:30

Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls

Answers: 3

Answer

Business, 22.06.2019 09:30

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

Answers: 1

Answer

Business, 22.06.2019 10:40

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Answers: 1

Answer

Business, 22.06.2019 11:30

Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task

Answers: 1

Answer

You know the right answer?

Eagle, inc. is a manufacturer and distributor of consumer products in the u. s. it has a wholly owne...

Questions