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Business, 03.12.2021 22:50 kiki4832

Using the data presented, assume that the Thai baht dropped in value from B30/$ to B40/$ between March 31st and April 1st. Assuming no change in balance sheet accounts between these two days, calculate the gain or loss from translation by both the current rate method and the temporal method. Assume that inventory has been acquired at a historical FX rate of B30/$, PP

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Using the data presented, assume that the Thai baht dropped in value from B30/$ to B40/$ between Mar...
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