Issues
1a. What is the translation of the foreign subsidiary’s financial statements into U.S. dollars at December 31, Year 1? Show your computations.
1b. What is (are) the translation adjustment(s)?
2a. What is the remeasurement of the foreign subsidiary’s financial statements into U.S. dollars assuming that the U.S. dollar is the subsidiary’s functional currency?
Show your computations.
2b. What is (are) the remeasurement gain(s)/loss(es)?
3a. What are differences in the computations of the ratios: liquidity (current & quick); activity (accounts receivable turnover & inventory turnover); solvency (debt-to-equity & times-interest-earned); & profitably (gross profit margin, return on sales, return on total assets & return on stockholders’ equity)?
Show your computations.
3b. How would the differences you have noted affect your decision to extend short-term credit, extend long-term credit and recommend purchasing or selling the parent company’s stock?
Access Control Methods
Security Question (60 points) Research some of the access control methods that are utilized within your organization. For example, does your organization leverage public key infrastructure (PKI), key card authentication, or login hours? If you are not currently working, what access control methods have you seen, and how effective were the control methods? Explore the […]
