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Jameson has prepared a report assessing the impact of the currency translation on Kasamatsu’s financial ratios. The details of his report are as follows:
A. correct with respect to the quick ratio, but incorrect with respect to the total asset turnover ratio. B. incorrect with respect to the quick ratio, but correct with respect to the total asset turnover ratio. C. incorrect with respect to the quick ratio, and incorrect with respect to the total asset turnover ratio. |