1. IFRS for converting the account balances of an international subsidiary in a hyperinflationary country to the parent's presentation currency requires: A. Remeasurement of the subsidiary's accounts to the parent's presentation currency B. Price-level adjustment of the subsidiary's accounts, and then translation of the accounts to the parent's presentation currency C. Translation of the subsidiary's accounts to the parent's presentation currency D. Price-level adjustment of the subsidiary's accounts, and then remeasurement of the accounts to the parent's presentation currency

The market yield on spice grills' bonds is 15%, and the firm's marginal tax rate is 33%. what is their shareholders' required return if the equity risk premium is 4%?

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices