Definition of polymerization. 1 : a chemical reaction in which two or more molecules combine to form larger molecules that contain repeating structural units â compare association 5.
If the subsidiary's local currency is its functional currency, what total amount should be included in Tulip's balance sheet in U.S. dollars? A. $609,000.B. $658,000.C. $602,000.D. $630,000.E. $616,000.2. Sinkal Co. was formed on January 1, 2011 as a wholly owned foreign subsidiary of a U.S. corporation. Sinkal's functional currency was the stickle (Â§).
A group is a parent and all its subsidiaries. Monetary items are units of currency held and assets and liabilities to be received or paid in a fixed or. determinable number of units of currency. Net investment in a foreign operation is the amount of the reporting entityâs interest in the net assets of. that operation. Presentation currency is the currency in which the financial statements are presented. Spot exchange rate is the exchange rate for immediate delivery. Elaboration on the definitions.