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What were the political, social, economic, and/or cultural consequences of this item: the "new Democrats"?
Instructions:
-Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
-Explain the historical significance of each item. Establish the historical context in which the item exists. Establish the item as the result of or as the cause of other factors existing in the society under study.
Subsidiary
A company that is completely or partly owned and partly or entirely controlled by another company.
Property, Plant & Equipment
This refers to tangible assets that are expected to be used in the production of goods or services and are not intended for sale in the ordinary course of business.
Current Rate Method
An accounting technique used to convert all foreign currency items into the reporting currency at the current exchange rate.
Translated
In financial contexts, refers to the process of converting the financial statements of a foreign entity into the reporting currency of the parent company.
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