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Accouting homework help. The Snail Company and American firm has a French subsidary...

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The Snail Company and American firm has a French subsidary Escargot Incorporated" which follows IFRS and uses the Euro Below are the financial statements of Escargot Incorporated. These statements are prepared using U.S. GAAP and euros Income Statement Escargot Incorporated for the year ended December 31, 2017 sales cogs gross profit depreciation expense operating expenses income 2,000,000.00 1,400,000.00 600,000.00 50,000.00 200,000.00 Balance sheet Escargot Incorporated 31-Dec-17

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