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SA is the Mexican of a The Jarwary bet the us manufacturing Its 'amnry 1 usD and the MXP (Mexican Mxpzo/usol_ C lia -t

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SA is the Mexican of a The Jarwary bet the us manufacturing Its 'amnry 1 usD and the MXP (Mexican Mxpzo/usol_ C lia -t e debt Capital Net plant M x P60,ooo M xmao,ooo M xpno,ooo M XP240 ,OOO M XP540 ,OOO Liabiliti and Net M XP30,ooo M xpyo,ooo M xmao,ooo M XP540,ooo I. Determine Monterrey's contribution to the translation exposure of its parent on January using the current rate method. Z Calculate Monterrey's contribution to its parent's translation gain or loss if the exchange rate at the end of the same year on December 31 is MXP32/USDI. Assume all MXP accounts remain as they were at the beginning of the year. Retained earnings are calculated at the average exchange rate for the year. Where and how would you record any difference? 3. Calculate Monterrey's contribution to its parent's translation gain or loss if the exchange rate at the end of the same year on December 31 is MXP12/USDI. Assume all MXP accounts remain as they were at the beginning of the year. Retained earnings are calculated at the average exchange rate for the year. Where and how would you record any difference? You may use the template below to record your answers.

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