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Figure 10-5
-The consumers represented by Segment A in Figure 10-5 are called
Foreign Subsidiary
A company owned or controlled by another company (the parent company) but located and operating in a foreign country.
Cumulative Translation Adjustment
An entry in the accumulated other comprehensive income section of a translated balance sheet summarizing the gains or losses from currency translation differences.
Remeasurement Gain or Loss
A financial result that occurs when the value of a foreign currency transaction is adjusted to reflect exchange rate changes at the balance sheet date.
Parent Company
A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.
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