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Simon company has two foreign subsidiaries. one is located in italy, the other in austria. simon has determined the euro is functional currency for the italian subsidiary, while the u. s dollar is the functional currency for the austrian subsidiary. both subsidiaries maintain their books and records in their local currency (euro) what methods will simon use to convert each of the subsidiary's financial statements into u. s. dollars? italian subsidiaries financial statements austrian subsidiary's financial statements italian austriana translation translationb remeasurement remeasurementc translation remeasurementd remeasurement translation
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Simon company has two foreign subsidiaries. one is located in italy, the other in austria. simon has...
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