11.9 Bangkok Instruments, Ltd. (B).

Using the original data provided for Bangkok Instruments, assume that the Thai baht appreciated in value from B30.00 = $1.00 to B25.00 = $1.00 between March 31 and April 1. Assuming no change in balance sheet accounts between those two days: Calculate the gain or loss from translation by both the current rate method and the temporal method. Explain the translation gain or loss in terms of changes in the value of exposed accounts.