Assuming the Functional Currency of the Subsidiary Is the U

question 42

Multiple Choice

Assuming the functional currency of the subsidiary is the U.S.dollar, what total should be included in Parker's consolidated balance sheet at December 31, 2018, for the above items?

• A) $407,500.
• B) $418,000.
• C) $396,000.
• D) $403,500.
• E) $398,500.

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