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Suppose the English subsidiary of a U.S.firm had current assets of £1 million,fixed assets of £2 million and current liabilities of 1 million pounds both at the start and at the end of the year.There are no long-term liabilities.If the pound depreciated during that year from $1.50 to $1.30,the translation gain loss to be included in the parent company's equity account according to FASB #52 is
Nonpharmacological Measures
Therapeutic approaches that do not involve medications to relieve symptoms, manage conditions, or improve wellbeing.
Arthritis
A collection of conditions characterized by painful, inflamed joints leading to stiffness and discomfort.
Around the Clock
Continuous or at all times, often used to describe 24-hour availability or activities that occur throughout the day and night.
Placebo
A substance with no therapeutic effect, often used as a control in testing new drugs.
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