Definition of polymerization. 1 : a chemical reaction in which two or more molecules combine to form larger molecules that contain repeating structural units â compare association 5.
If the subsidiary's local currency is its functional currency, what total amount should be included in Tulip's balance sheet in U.S. dollars? A. $609,000.B. $658,000.C. $602,000.D. $630,000.E. $616,000.2. Sinkal Co. was formed on January 1, 2011 as a wholly owned foreign subsidiary of a U.S. corporation. Sinkal's functional currency was the stickle (Â§).
U.S. Rules - Continued From page 340 of Multinational Business Finance If the financial statements of the foreign affiliate are in U.S. dollars no translation is required If the financial statements of the foreign affiliate are in the local currency and the local currency is the functional currency use the current rate method U.S. Rules - Continued ...