If a companys sales were very seasonalfor example, a holiday tree growerwould it be appropriate to use the annual average exchange rate to translate and remeasure sales and other expenses Why or why not ...

No it would not be appropriate to use the annual average exchange rate Theoretically ...

If a companys sales were very seasonalfor example, a holiday-tree growerwould it be appropriate to use the

Question:

If a company’s sales were very seasonal—for example, a holiday-tree grower—would it be appropriate to use the annual average to translate and remeasure sales and other expenses? Why or why not?

Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...