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Betancourt International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 30,000 solaris, debt in the amount of
Betancourt International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 30,000 solaris, debt in the amount of 9,000 solaris, and equity of 21,000 solaris. (Enter your answer as directed, but do not round intermediate calculations.) Required: (a) If the current exchange ratio is 1.20 solaris per dollar, what does the balance sheet look like in dollars? (Round your answers to 2 decimal places (e.g., 32.16).) Balance Sheet Debt Equity Assets Liabilities $7258.06 18145.17 Assets $25403.23 Total liabilities & equity $ 25403.23 (b) Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.30 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places (e.g., 32.16).) Balance Sheet Debt Equity Total liabilities & equity Assets Liabilities Assets (c) Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.08 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places (e.g., 32.16).) Balance Sheet Debt Equity Total liabilities &equity Assets Liabilities Assets
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