Question: Please do this question. Thanks 1. You are an analyst reviewing the impact of three currency translation methods (current / non- current, monetary non-monetary and

 Please do this question. Thanks 1. You are an analyst reviewing
the impact of three currency translation methods (current / non- current, monetary

Please do this question. Thanks 1. You are an analyst reviewing the impact of three currency translation methods (current / non- current, monetary non-monetary and temporal) on a Yen subsidiary operations of a parent company with a Dollar home currency. The following information has been gathered from company and market sources. Excerpts of company financial information Yen (@Dec 31, 2018) Inventory value Total Revenue (Jan 1 Dec 31, 2018 Net income (Jan 1-Dec 31 700 1,250 Current yearPrior Balance sheet Cash Accounts Receivable Invent Prepaid expenses (@Nov Fixed Assets (acqg Feb 1,2010 Total assets Liabilities Accounts Payable 2500 1400 750 400 4500 9550 24.63 13.79 7.39 3.94 44.33 94.09 Nov 26, 2018 26, 2018 1250 3000 4250 3000 2300 5300 9550 12.32 29.56 41.87 29.56 22.66 52.22 94.09 Term Debt (issued Mar 30, 2015 Total Liabilities Capital stock (Feb 1, 2010 Retained earnings Total e Total liabilities and Exchange rate excerpts: F/X rate (close of trading day) Yen /S as of Feb 1,2010 as of Mar 30, 2015 as of Nov 26, 2018 as of Dec 31,2018 89.2500 118.9600 113.5080 108.5304 Calculate the company's financial information under each of the three currency translation methods. (25 marks) a. b. Based on inventory turnover, return on equity and return on assets, which currency translation method presents the best company results. Justify your answer with calculations. (10 marks)

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