Three Question from below image: Use the following information to answer the following three questions:

1. Find the net worth to the parent of this affiliate using current vs. noncurrent translation method (show your work):

2. Find the net worth to the parent of this affiliate using FASB 52 translation method. Which of these translation methods would the parent prefer? (show your work):

3. Find the net worth to the parent of this affiliate using monetary vs. nonmonetary translation method (show your work):

Use the following information to answer the following three questions: French Affiliate Current Assets Cash Inventory (at cost) Accts. Receivable Fixed Assets Plant and Eq. 50 Euros 500 Euros Given: 100 Euros 200 pounds 4000 Euros Current Liabilities Accounts Payable Long-Term Liabilities Outs. Bonds Current rates $1.33 =1 Euro $1.56 =1 pound The functional currency of the affiliate is the Euro. Historical rates $1.46 =1 Euro $1.64 =1 pound 75 Euros 100 pounds 1500 Euros 1500 pounds