A subsidiary's functional currency is the local currency which has not experienced significant inflation.
The appropriate exchange rate for translating the depreciation on plant assets in the income statement of the foreign subsidiary is the:

A. Exit exchange rate.
B. Historical exchange rate.
C. Weighted average exchange rate over the economic life of each plant asset.
D. Weighted average exchange rate for the current year.

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?

What should a potential employee consider before agreeing to a contract? a. salary b. benefits c. pension d. all of the above