subject
Business, 05.05.2020 05:19 bryanawesome23

A U. S. company acquired a Malaysian subsidiary at the beginning of the year. At the date of acquisition, the subsidiary reported plant assets of RM800,000. During the year, it acquired plant assets of RM300,000 and reported depreciation expense of RM100,000, of which RM40,000 related to plant assets acquired during the year. The U. S.$/RM exchange rate was $0.25 on the acquisition date, $0.22 when the new plant assets were acquired, $0.20 at the end of the year, and the average rate for the year was $0.23.
Required:
(a) What is the subsidiary’s remeasured depreciation expense for the year?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:20
To make a profit while benefiting humanity is an example of a mission statement that what
Answers: 3
question
Business, 21.06.2019 19:50
One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card used (visa, mastercard, american express, or discover), and (2) the amount (in dollars) of each purchase. identify the level of each variable measured.
Answers: 1
question
Business, 22.06.2019 11:30
11.     before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d   incorrect which answer is right?
Answers: 2
question
Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
You know the right answer?
A U. S. company acquired a Malaysian subsidiary at the beginning of the year. At the date of acquisi...
Questions
question
Mathematics, 12.06.2020 00:57
question
Mathematics, 12.06.2020 00:57
Questions on the website: 13722359