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Translation of Financial Statements Case Accounting 5140 (50 points)
Translation of Financial Statements Case Accounting 5140 (50 points) Blue Sky Corporation, a U.S.-based company, invested 11 million Polish zloty in Green Mountain Company in Lodz, Poland, on January 1, Year 2, when the exchange rate for the Polish zloty (PLN) was $0.255. $2.5 million of the $11M zloty was