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.
Lakewood's economy is highly dependent upon on the military bases in the area. It also boasts one of the few true International Districts in the South Sound along South Tacoma Way and Pacific Highway, with Korean, Vietnamese, Chinese, Latino and other influences.