Parent Company Acquired a Subsidiary in Germany in 2012

question 61

Essay

Parent Company acquired a subsidiary in Germany in 2012. The subsidiary's balance sheet is stated in euros. When Parent Company acquired the subsidiary in 2012, a euro was worth $1.35. When the subsidiary earned its income during 2012-2017, the average exchange rate was $1.32. On December 31, 2017, a euro is worth $1.20.
At December 31, 2017, the subsidiary's assets were 1,000,000 euros; the liabilities were 500,000 euros, common stock was 400,000 euros and retained earnings was 100,000 euros.
Required:
Translate the subsidiary's balance sheet into dollars.

Identify the causes of the current nursing shortage and legislative efforts to address it.

Recognize the trends toward hospital mergers and the reason behind these mergers.

Understand the challenges faced by uninsured or underinsured Americans in accessing healthcare.

Recognize the criticisms of the healthcare public/private model.

---

Definitions:

Error-Recovery Strategies

Techniques or methods employed to correct mistakes and recover from errors in various processes.

Learning And Performance

The relationship between the acquisition of knowledge or skills and their application effectively in a task or role.

Pre-Training Intervention

Activities or measures taken before the commencement of a training program to prepare participants and increase its effectiveness.

Metacognitive Strategy

Metacognitive Strategy involves the methods used to plan, monitor, and assess one’s own understanding and performance, such as planning how to approach a learning task and evaluating progress.