Which of the following rates would be used to translate the company's Common Shares?
A) US$1 = CDN$0.815
B) US$1 = CDN$0.8175
C) US$1 = CDN$0.825
D)US$1 = CDN$0.83

Name: Which of the following rates would be used to translate the company's Common Shares? A) US$1 = CDN$0.815 B) US$1 = CDN$0.8175 C) US$1 = CDN$0.825 D)US$1 = CDN$0.83
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Question

Quizplus · Accepted Answer

The rate used to translate the company's Common Shares would be the rate at which the shares are traded on the market. In this case, the rate is US$1 = CDN$0.815.

Which of the Following Rates Would Be Used to Translate