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| Wilkins and Hirauye are working on constructing the consolidated statements for Neslarone. They know that after they convert from Swiss Francs (CHF) to U.S. dollars (USD), they will be left with a foreign currency adjustment that needs to be included on the financial statements. To convert from CHF to USD, the analysts should use the: A. temporal method and they should record the foreign currency adjustment on the income statement. B. current rate method and they should record the foreign currency adjustment on the balance sheet. C. current rate method and they should record the foreign currency adjustment on the income statement. |