Average March sea temperatures Monthly Alicante water temperature chart The bar chart below shows the average monthly sea temperatures at Alicante over the year.
An entity's functional currency is the currency of the primary economic environment in which that entity operates. The functional currency can be the dollar or a foreign currency depending on the facts. Normally, it will be the currency of the economic environment in which cash is generated and expended by the entity.An entity can be any form of operation, including a subsidiary, division, branch, or joint venture.he functional currency can be the dollar or a foreign currency depending on the facts. Normally, it will be the currency of the economic environment in which cash is generated and expended by the entity.
2. the entity translates all foreign currency items into its functional currency. 3. the entity reports the effects of such translation in accordance with paragraphs 20-37 [reporting foreign currency transactions in the functional currency] and 50 [reporting the tax effects of exchange differences].