Autumn2005- TBS 907-Lecture 10- International Finance

Items that are carried on the books at historical

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Unformatted text preview: m on the books. All balance sheet items (except for stockholder's equity) are translated at the current exchange rate. Very simple method in application. A "plug" equity account named cumulative translation adjustment is used to make the balance sheet balance. Current Rate Method...
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This note was uploaded on 07/10/2009 for the course FIN FIN taught by Professor Dr. during the Spring '09 term at Baptist College of Health Sciences.

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