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Assume Posey were to obtain an international subsidiary with non-US$ functioning currency. Prepare a memo that addresses...

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Accounting

Assume Posey were to obtain an internationalsubsidiary with non-US$ functioning currency. Prepare a memo thataddresses the following critical elements:
A. Outline the unique calculations required to complete theconsolidation worksheet.
B. Outline the unique calculations required on the statement ofcash flows.

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