Context of foreign currency translation


Research a U.S. based multinational corporation (be sure to review its financial statements) which is Northrop-Grumman.

Help with the given:

a) In brief explain the corporation you researched (one to two paragraphs).

b) Describe the direct impact of present, historical, and average exchange rates in the context of foreign currency translation on the corporation you chosen.

c) Find out whether the corporation you researched must use foreign presently translation as a restatement process, a remeasurement method, or both, and describe why.

d) Examine the financial statements of the company you chosen to find out which earnings numbers give the best metric for an investment analyst. Describe your rationale.

e) Assess how the company you researched addresses accounting for foreign inflation. If you agree with its approach, describe why - if you disagree, propose a better approach.

f) Comprise three external peer-reviewed sources to support your position.

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Other Subject: Context of foreign currency translation
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