问题如下:
Scenery manufacturer is a CHINA-based company, Scenery has a subsidiary, XZZ, operates in US, XZZ was acquired in 2018 and has never paid a dividend. It records inventory using the FIFO method. RMB is expecting depreciation in the future.
Flexi, CFA, he gathers XZZ’s financial statements and the RMB/US dollar exchange rates in the following table:
If XZZ using the temporal method to translate financial statement into RMB, Scenery’s consolidated financial statement will most likely include XZZ’s:
选项:
A.RMB4,258 million in inventory
B.RMB1,877 Accounts payable
C.RMB41,190 million in revenues.
解释:
A is correct.
考点:temporal method
解析:如果使用temporal method, 存货用历史汇率来转换 650*6.55=4,258。
上一道题的revenue就是这道题的答案呀,为什么这道题c就不对了