ALL-CURRENT TRANSLATION METHOD Self-contained foreign operations (where functional currency = foreign currency) must, to follow GAAP,use the all-current translation method.The all-current method translates assets and liabilities using theexchange rate on the date of the balance sheet.
Lakewood, WA Weather. The average temperature of Lakewood is 52.01Â°F, which is higher than the Washington average temperature of 50.47Â°F and is lower than the national average temperature of 54.45Â°F. Historical Weather.
Sponsored Topics. Lakewood is a city in Pierce County, Washington, United States. The population was 58,163 at the 2010 census. Lakewood was officially incorporated on February 28, 1996. Historical names include Lakewood Center and Lakes District (this name was used by the U.S. Census in the 1970 and 1980 Census).