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Chapter 11. Problem 8P O R 3 Bookmarks Show all steps: ON Problem Bangkok Instruments, Ltd. (A) Bangkok Instruments, Lid the Thaisubsidiary of a U.S.

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Chapter 11. Problem 8P O R 3 Bookmarks Show all steps: ON Problem Bangkok Instruments, Ltd. (A) Bangkok Instruments, Lid the Thaisubsidiary of a U.S. corporation, is a seismic instrument manufacturer, Bangkok Instruments manufactures instruments primarily for the ol and gas industry globally, though with recent commodity price increases of all kinds including copper business has begun to grow rapidly Sales are primarily to multinational companies based in the United States and Europe Bangkok Instruments' balance sheet in thousands of Thai baht (B) as of March 31 is as follows: Bangkok Instruments, Ltd. Balance Sheet, March 1, thousands of Thai bahts Assets Liabilities and Net Worth B24,000 Accounts payable B 18.000 Accounts receivable 35,000 Bank loans 60.000 Inventory 48,000 common stock 18,000 Net plantequipment 60.000 Retained earnings 72.000 B168,000 168.000 Exchange rates for wasting Scam Toy's balance sheet into US dollars are 23 7 8 9 0 WE LY ASD F G H

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