问题如下：
Scenery manufacturer is a CHINA-based company, Scenery has a subsidiary, XZZ, operates in US, XZZ was acquired in 2018 and has never paid a dividend. It records inventory using the FIFO method. RMB is expecting depreciation in the future.
Flexi, CFA, he gathers XZZ’s financial statements and the RMB/US dollar exchange rates in the following table:
If XZZ using the current rate method to translate financial statement into RMB, in 2018, Scenery’s consolidated financial statement will most likely include XZZ’s:
选项：
A.RMB4,407 Inventory
B.RMB1,877 Accounts payable
C.RMB7,298 Net income
解释：
C is correct.
考点：current rate method
解析：如果使用current rate method, I/S上的项目全部用average rate 来转换，所以NI就可以直接用average rate来转换，即1,050*6.95=7,298。
A：在current rate method下，inventory用current rate转换，即650*7=4550
B：在current rate method下，A/P用current rate转换，即270*7=1890
current rate method 中，COGS 用 average rate 转换，所以 inventory 为什么要*7 而不是 6.95
