Marshall Co

question 84

Multiple Choice

Marshall Co. was formed on January 1, 2021 as a wholly owned foreign subsidiary of a U.S. corporation. Marshall's functional currency was the stickle (§) . The following transactions and events occurred during 2021: Exchange rates for 2021 were:
What was the amount of the translation adjustment for 2021?

• A)$119,000 decrease in relative value of net assets.
• B)$121,000 decrease in relative value of net assets.
• C)$81,000 increase in relative value of net assets.
• D)$59,000 decrease in relative value of net assets.
• E)$170,000 increase in relative value of net assets.

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Definitions:

OrderDate Values

Data representing the dates when orders were placed, typically used in databases or spreadsheets.

Criteria

Standards or conditions that are used for judging, filtering, or selecting data in various contexts, such as database querying or research evaluation.

Outer Join

A type of SQL join that returns all rows from one table and matches rows from another table, including rows with no direct match, thereby including all rows from both tables.

Relationships Window

In database applications like Microsoft Access, the relationships window is a graphical interface that displays the database tables and the relationships (links) between them, allowing users to manage how data in different tables is connected.