Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ganado Europe (D). Using facts in the chapter for Grade Europesume that the exchange rate on January 2, 2016 in Exhibt 1.6 appreciated to $1.1000

image text in transcribed
Ganado Europe (D). Using facts in the chapter for Grade Europesume that the exchange rate on January 2, 2016 in Exhibt 1.6 appreciated to $1.1000 to $14600Calculate Garato Europe's transted balance sheet for January 2. 2016, with the new exchange rate using the temporal tate method as shown in the poput widow 4. What the amount of antion ano? b. Where should koperine nunca marta? What is the amount of translation can or loos? Enter a positive number for a gain and regatus for a los Rund to restor) Data table - 00.000 EXHIBIT 116 Ganado Europe's Translation Loss After Depreciation of the Euro: Temporal Method December 31, 2015 January 2, 2018 Exchange Rate Translated Exchange Rate Translated A In urna U Account (USA) Uur) Account (US) Cash 12.124.000 100 2.800.000 Accounts receivable 2.400,000 1.100 4012.000 16600 44.000 Inventory 2.300.000 1 2020 2754.000 12020 2.764.800 Net plant and met 400,000 6.712.400 12100 112.400 Total 12.000.000 176.000.000 17.132.000 Llabile and et Worth Acope 1.500.000 1000 SUM.000 10000 31.000.000 Short-term baktet 1.000.000 11800 180.000 140.000 Longtem de 1.100.000 1.1000 120.000 4100 1,000,000 Comoros 2.600.000 12560 3.014400 1240 2014.400 Ruined camino 7.100,000 13952 8.866.600 12252) 8.666.600 Translation gain) 10) Total 12.000.000 $15.000.000 $17,139.000 Dolored caring before down we the cute sum of sine to retired aning of a rioyon trang tergeraton in each year Translated into our at the same before deprecation of the sur {ey uria ta mithis, Fouritaini lait wait to chasid iti raathat camings through maintaine aramart rather tanut asears in town here Ganado Europe (D). Using facts in the chapter for Grade Europesume that the exchange rate on January 2, 2016 in Exhibt 1.6 appreciated to $1.1000 to $14600Calculate Garato Europe's transted balance sheet for January 2. 2016, with the new exchange rate using the temporal tate method as shown in the poput widow 4. What the amount of antion ano? b. Where should koperine nunca marta? What is the amount of translation can or loos? Enter a positive number for a gain and regatus for a los Rund to restor) Data table - 00.000 EXHIBIT 116 Ganado Europe's Translation Loss After Depreciation of the Euro: Temporal Method December 31, 2015 January 2, 2018 Exchange Rate Translated Exchange Rate Translated A In urna U Account (USA) Uur) Account (US) Cash 12.124.000 100 2.800.000 Accounts receivable 2.400,000 1.100 4012.000 16600 44.000 Inventory 2.300.000 1 2020 2754.000 12020 2.764.800 Net plant and met 400,000 6.712.400 12100 112.400 Total 12.000.000 176.000.000 17.132.000 Llabile and et Worth Acope 1.500.000 1000 SUM.000 10000 31.000.000 Short-term baktet 1.000.000 11800 180.000 140.000 Longtem de 1.100.000 1.1000 120.000 4100 1,000,000 Comoros 2.600.000 12560 3.014400 1240 2014.400 Ruined camino 7.100,000 13952 8.866.600 12252) 8.666.600 Translation gain) 10) Total 12.000.000 $15.000.000 $17,139.000 Dolored caring before down we the cute sum of sine to retired aning of a rioyon trang tergeraton in each year Translated into our at the same before deprecation of the sur {ey uria ta mithis, Fouritaini lait wait to chasid iti raathat camings through maintaine aramart rather tanut asears in town here

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Focus On Personal Finance

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

2nd Edition

0073530638, 9780073530635

More Books

Students also viewed these Finance questions

Question

Will the company help with relocation expenses?

Answered: 1 week ago

Question

The trial balance is also known as the balance sheet. True False

Answered: 1 week ago