Jameson now computes the adjustment to WB's financial data due to Kasamatsu's payment of dividends. What is the U.S. dollar amount of this adjustment (in thousands)? A. $414. B. $387. C. $400.
WB receives a cash dividend from their subsidiary. This dividend must be translated at the prevailing exchange rate on the date the dividend is received (145/$). $58,000 / 145 = 400. Both remaining answers use incorrect exchange rates
