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Business, 19.11.2019 04:31 rachelsweeney10

Certain balance sheet accounts of a foreign subsidiary of orchid company have been stated in u. s. dollars as follows: stated at current rates historical rates accounts receivable, current $ 200,000 $ 220,000 accounts receivable, long term 100,000 110,000 land 50,000 55,000 patents 80,000 85,000 $ 430,000 $ 470,000 this subsidiary’s functional currency is a foreign currency. what total should orchid’s balance sheet include for the preceding items?

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