Please answer (a,b,c,d,e,and f)

Question 2 (6 marks) Demure Corporation, the Chinese affiliate of a U.S. manufacturer, has the balance sheet shown below. The current exchange rate is $0.15 = CNY! Balance Sheet of Shanghai Corporation (000's) Assets Cash Accounts receivable Inventories (cost 24,000 Fixed assets, net Total assets CNY21,000 10,000 37,000 32,000 CNY100,000 CNY 19,000 Accounts payable 24,000 Notes payable 22,000 Bonds payable 35,000 Stockholders' equity CNY100,000 Total liabilities & Stockholders' equity Inventories are carried at the lower of cost or market Required: a. Translate the Chinese dollar balance sheet of Demure Corporation into U.S. dollars at b. Assume the Chinese yuan revalues from $0.15- CNY1 to $0.1875 CNY1. What c. Assume instead that the Chinese yuan weakens from $0.15-CNY1 to $0.1125 d. What would be the translation effect if Demure Corporation's balance sheet were e. If the Chinese yuan depreciates by 25 percent, what would be the translation effects the current exchange rate of $0.15 CNY1. All monetary accounts in Shanghai's balance sheet are denominated in Chinese yuan. would be the translation effect if Shanghai's balance sheet is translated by the current-noncurrent method? By the monetary-nonmonetary method? CNY1. What would be the translation effect under each of the two translation methods? translated by the temporal method assuming the Chinese yuan appreciates by 25 percent? By the current rate method? under each of the two methods in requirement d? Based on your previous calculations, which translation method -current-noncurrent monetary- meaningful information? Critically discuss. f. nonmonetary, temporal, or current- gives statement readers the most