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Smelling apple pie causes you to have vivid and detailed memories of the happy times that you spent in your grandmother's kitchen.This process is called
Contributed Capital
Funds that shareholders invest in a company by purchasing shares directly from the company.
Functional Currency
The currency of the primary economic environment in which an entity operates; used in financial reporting.
Closing Rates
The exchange rates used to convert the financial statements of a foreign subsidiary into the presentation currency of the parent company for consolidation purposes.
Functional Currency
The primary currency used by a business or unit, reflecting the economic environment in which it primarily operates.
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