anothercfainnyc

1. So if you see FIFO or LIFO but also see that inventory was purchased evenly throughout the year, you always choose the average rate for inventory translation?
2. I guess A/P should always be current rate no matter what tricky text they use?
3. Same as #1–I assume COGS should always be translated at the same rate as Inventory (just like PP&E and depreciation should be at the same rate)?