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Reading 25 pg 321 question #2
Can someone explain why using the current rate method would give you the highest gross profit margin? Since the local currency depreciates against the foreign wouldn’t translating inventory at the current rate produce a loss? What am I missing?
Is the goal to have the inventory translation be less vs more in order to produce a higher margin? |
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发表于 2013-4-17 18:07
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