Duwayne Company is a wholly owned subsidiary of Renata Corporation. Duwayne operates in a foreign country with financials statements recorded in goghs (GH), the company's functional currency. If the parent company, Renata, reports in U. S. dollar what method would you use to convert the financials statements from GH functional to USD parent reporting currency

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected