4. Exchange rates for 2016 are summarized as follows: Current exchange rate, January 1, 2016 $0.70 Exchange

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4. Exchange rates for 2016 are summarized as follows:

Current exchange rate, January 1, 2016 $0.70 Exchange rate when new equipment was acquired 0.68 Average exchange rate for 2016 0.67 Exchange rate for December 31, 2016, inventory 0.66 Exchange rate for dividends 0.66 Current exchange rate, December 31, 2016 0.65 500 CHAPTER 14 REQuIRED: Prepare a worksheet to remeasure the adjusted trial balance of Stu Corporation into U.S. dollars at December 31, 2016.

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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