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NEW QUESTION: 1
Jenna Stuart is a financial analyst for Deuce Hardware Company, a U.S. company that reports its results in
U.S. dollars. Wayward Distributing, Inc., is a foreign subsidiary of Deuce Hardware, which began operations on January 1,2007. Wayward is located in a foreign country and reports its results in the local currency called the Rho. Selected balance sheet information for Wayward is shown in the following table.

Stuart has been asked to analyze how the reported financial results of Wayward will be affected by the choice of the all-current or temporal methods of accounting for foreign operations. She has gathered the following exchange rate information on the $/Rho exchange rate:
* Spot rate on 1/01/08: $0.35 per Rho
* Spot rate on 12/31/08: $0.45 per Rho
* Average spot rate during 2008: $0.42 per Rho
Will total asset turnover (calculated using end-of-period balance sheet figures) likely be larger when calculated from the Rho financial statements or the financial statements translated into the reporting currency (US$) using the all-current method?
A. No difference.
B. Larger on US$ statements.
C. Larger on Rho statements.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
If the Rho is appreciating, mixed ratios like return on assets and total asset turnover (using end-of-pcriod balance sheet figures) calculated from the local currency statements will be larger than the same ratios calculated from the reporting currency statements that were translated using the all-current method. For example, under the all-current method net income will be translated at the lower average rate ($0.42) and assets will be rramlared at the higher ending rate ($0.45). Therefore the original return on assets (ner income divided by total assets) from the Rho statements will be higher than the ratio after it is translated into the reporting currency. (Study Session 6, LOS 23.d,e)

NEW QUESTION: 2
An engineer has discovered that a number of new access points are failing to join the wireless controller module that has been recently enabled on a switch stack of three Cisco Catalyst 3850 switches running
3.02.03 SE version of Cisco IOS-XE. All cables have been verified and all access point switch port configurations are identical.
Which options is the likely root cause of the issue?
A. The EULA has not been accepted on the switch wireless controller module.
B. Stacked Cisco Catalyst 3850 switches only support 100 CAPWAP termination licences.
C. When stacked, the Cisco Catalyst 3850 cannot use the wireless controller module.
D. Cisco IOS-XE version 3.02.03 SE supports only access points on the master switch.
Answer: A

NEW QUESTION: 3

A. Option D
B. Option C
C. Option A
D. Option B
Answer: B,C

NEW QUESTION: 4
The default port used for SMTP is:
A. 0
B. 1
C. 2
D. 3
Answer: B

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