Aforeign subsidiary of thun corporation has one asset (inventory) and no liabilities. the functional currency for this subsidiary is the yuan. the inventory was acquired for 100,000 yuan when the exchange rate was $0.16 = 1 yuan. consolidated statements are to be produced, and the current exchange rate is $0.12 = 1 yuan. which of the following statements is true for the consolidated financial statements? a. a remeasurement gain must be reported. b. a positive translation adjustment must be reported. c. a negative translation adjustment must be reported. d. a remeasurement loss must be reported.

Upper a report about the decline of western investment in third world countries included this: "after years of daily flights comma several european airlines halted passenger service. foreign investment fell 400 percent during the 1990 s." what is wrong with this statement? choose the correct answer below. a. if foreign investment fell by 100 % comma it would be totally eliminated comma so it is not possible for it to fall by more than 100 %. b. the actual amount of the decrease in foreign investment is less than 100%. c. if foreign investment fell by 100%, it would be cut in half. thus, a decrease of 200% means that it would be totally eliminated, and a decrease of more than 200% is impossible. d. the statement does not mention the initial amount of foreign investment.