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Ganado Europe's transtated bolance sheet for January 2, 2016, with the now exchange rate using the current rate method as shown in the popup whiow,
Ganado Europe's transtated bolance sheet for January 2, 2016, with the now exchange rate using the current rate method as shown in the popup whiow, a. What is the amount of transtation gain of lass? b. Where should it appear in the financial stathments? a. What is the amount of translation gain or lown? Enter a posiww number for a gain and negabive for a lass. (Round to the neareat dollar.) Data table EXHIBIT 11.5 Ganado Europe's Translation Loss After Depreciation of the Euro: Current Rate Method (a) Dollar retained earnings before depreciation are the cumulative sum of additions to retained earnings of all prior years, translated to exchange rates in each year. (b) Translated into dollars at the same rate as before depreciation of the euro. Click on the icon located on the lop-right comer of the dats table in order to copy ifs contents into a sproadsheet
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