Busnes Cars wy Return to course OSOFT TOUTES C100.000.000 Cost of sales 75.000.000 Operating perses 20.000.000 Dividends 1.000.000 Additional information for 2020: Beginning retained earremeasured $15.000.000 leginning retained earnings translated 520.000.000 Denne monetary labi 0.000.000 35.000,000 Being inventory balance 2.000.000 Ending inventory balance 3,500,000 Operating expenses include 8,000,000 in depreciation and amortization on assets acquired when the exchange rate was $1.40/. Dividends were declared when the exchange rate was 51.18/. Sales and inventory purchases were made evenly throughout the year. The beginning inventory was purchased when the exchange rate was 51.25/6, and the ending inventory was purchased when the exchange rate was 51.177. Exchange rates (5/ Beginning of 2020 51.25 Average for 2020 1:20 End of 2020 1.17 Required a. Assume the functional currency of Superbuy is the euro. Caculate the subsidiary translated ending retained earnings In US dollars Do not use negative signs with any of your answers below Begioning translated ained earrings Natcome Dideos Endine slated retained erines 5 20.000.000 OX OK OX b. Assume the functional currency of superbly the US dollar, calculate the subways remeasured ending retained earnings in US dollars Instructions for the Remeasured gain or loss 1. Use negative sens with answers to indicate a negative exposed position 2. Use negative signs with answers that reduce the exposed position bance 3. Using the drop down menu at the bottom of the table and select the appropriate answer However, do not use a negative sign with numerical answer for measured gain or loss, me WITTE Watepose 2. Use negative sins with answers that reduce the exposed position balance. 3. Using the drop down menu at the bottom of the table and select the appropriate answer However, do not use a negative sign with numerical answer for measured gain or loss. Romeasured gain or loss C S/C Benning exposure 050.000.000 1.25S (62.500.000 Ses OX 12 OX Punctuses OX 12v 0 x Out of post penes OX 12 OX Dividends OX ON ON Ending our Remeatur in OX 1.17 OX OX However, do not use a negative sin with numerical answer for measured gain or loss. Itemsured cost of sales SVE Beginning inventory 2.000.000 1.25S 2.500.000 Purchases 12 Endere inventory 2.500.000 9.17 400.000 Rematured cost of sales 5 OX Do not use negative signs with any of you werbe Herred operating expenses 1/ Out of expert comodabou Deprecationvmortation 0 14 Parasured operating ON 100 M Do not use negative signs with any of your below Reasured net income ON ON out of sales Operating expenses horretan urednicome OX OM Do not use negative signs with and we Ending reared retained earning ning remature end AUX LISINTENSION Return to course EURO Remeasured cost of sales $ 0 x S Do not use negative signs with any of your answers below Remeasured operating expenses C S/E Out-of-pocket expenses (computed above) Deprecatior amortization OX Remeasured operating expenses 5 OX 10.110.001 x Do not use negative signs with any of your answers below. Remeasured net income 5 Sales OX Cost of sales Operating expenses Remeasurement gain or loss OX Remeasured net income s OX 0X Do not use negative signs with any of your answers below Ending remeasured retained earnings Beginning remeasured retained earnings OX Net Income Dividends OX Ending romeasured retained earning 5 OX Chock You have correctly selected 18 Martorn 49.00 Busnes Cars wy Return to course OSOFT TOUTES C100.000.000 Cost of sales 75.000.000 Operating perses 20.000.000 Dividends 1.000.000 Additional information for 2020: Beginning retained earremeasured $15.000.000 leginning retained earnings translated 520.000.000 Denne monetary labi 0.000.000 35.000,000 Being inventory balance 2.000.000 Ending inventory balance 3,500,000 Operating expenses include 8,000,000 in depreciation and amortization on assets acquired when the exchange rate was $1.40/. Dividends were declared when the exchange rate was 51.18/. Sales and inventory purchases were made evenly throughout the year. The beginning inventory was purchased when the exchange rate was 51.25/6, and the ending inventory was purchased when the exchange rate was 51.177. Exchange rates (5/ Beginning of 2020 51.25 Average for 2020 1:20 End of 2020 1.17 Required a. Assume the functional currency of Superbuy is the euro. Caculate the subsidiary translated ending retained earnings In US dollars Do not use negative signs with any of your answers below Begioning translated ained earrings Natcome Dideos Endine slated retained erines 5 20.000.000 OX OK OX b. Assume the functional currency of superbly the US dollar, calculate the subways remeasured ending retained earnings in US dollars Instructions for the Remeasured gain or loss 1. Use negative sens with answers to indicate a negative exposed position 2. Use negative signs with answers that reduce the exposed position bance 3. Using the drop down menu at the bottom of the table and select the appropriate answer However, do not use a negative sign with numerical answer for measured gain or loss, me WITTE Watepose 2. Use negative sins with answers that reduce the exposed position balance. 3. Using the drop down menu at the bottom of the table and select the appropriate answer However, do not use a negative sign with numerical answer for measured gain or loss. Romeasured gain or loss C S/C Benning exposure 050.000.000 1.25S (62.500.000 Ses OX 12 OX Punctuses OX 12v 0 x Out of post penes OX 12 OX Dividends OX ON ON Ending our Remeatur in OX 1.17 OX OX However, do not use a negative sin with numerical answer for measured gain or loss. Itemsured cost of sales SVE Beginning inventory 2.000.000 1.25S 2.500.000 Purchases 12 Endere inventory 2.500.000 9.17 400.000 Rematured cost of sales 5 OX Do not use negative signs with any of you werbe Herred operating expenses 1/ Out of expert comodabou Deprecationvmortation 0 14 Parasured operating ON 100 M Do not use negative signs with any of your below Reasured net income ON ON out of sales Operating expenses horretan urednicome OX OM Do not use negative signs with and we Ending reared retained earning ning remature end AUX LISINTENSION Return to course EURO Remeasured cost of sales $ 0 x S Do not use negative signs with any of your answers below Remeasured operating expenses C S/E Out-of-pocket expenses (computed above) Deprecatior amortization OX Remeasured operating expenses 5 OX 10.110.001 x Do not use negative signs with any of your answers below. Remeasured net income 5 Sales OX Cost of sales Operating expenses Remeasurement gain or loss OX Remeasured net income s OX 0X Do not use negative signs with any of your answers below Ending remeasured retained earnings Beginning remeasured retained earnings OX Net Income Dividends OX Ending romeasured retained earning 5 OX Chock You have correctly selected 18 Martorn 49.00