Pilsner Company

question 17

Multiple Choice

Pilsner Company.converts its foreign subsidiary financial statements using the translation process.The company's subsidiary in the Czech Republic reported the following for 2014: revenues and expenses of 25,000,000 and 18,500,000 koruna,respectively,earned or incurred evenly throughout the year,dividends of 1,500,000 koruna were paid during the year.The following exchange rates are available:

Translated net income for 2014 is

• A)$148,500.
• B)$227,500.
• C)$175,000.
• D)$195,000.

---

Definitions:

Agonist

A drug that mimics or increases a neurotransmitter’s effects.

Antagonist

An antagonist is a substance that blocks or dampens the effects of a neurotransmitter or hormone, or a character in a story who opposes the protagonist.

Neurotransmitter

Substances that carry messages from one nerve cell to another through the synaptic gap within the nervous system.

Blood Oxygen

A measure of the amount of oxygen carried by the blood, critical for the functioning of vital organs and typically assessed via pulse oximetry or blood gas tests.