Business, 07.12.2019 01:31 Echo009

The following balance sheet accounts of a foreign subsidiary at december 31, 2017, have been translated into u. s. dollars as follows:

translated at
current rates historical rates
accounts receivable, current $ 600,000 $ 660,000
accounts receivable, long-term 300,000 324,000
inventories carried at market 180,000 198,000
goodwill 190,000 220,000
$1,270,000 $1,402,000

what total should be included in the translated balance sheet at december 31, 2017, for the above items? assume the u. s. dollar is the functional currency

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The following balance sheet accounts of a foreign subsidiary at december 31, 2017, have been transla...

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