&rciar = Problem 2 do LibreOffice Winter : Eoli We Duren Kaynak kes Coat Time Now Rurrun 11 NAAST Yepy Kappale Tenda KTA: X X *A== Lazden Geor Gobrom Lytenson A Vasylan Brcer A tablo AITH H H H ES 2 Yalaniast Balings - Bul 3 13 12 13 1 13 PROBLEM 2 AA Grupo Modela is the Urguayan subsidiary of a U.S. manufacturing company. Its balance sheet for June 31 follows. The June 31st exchange rate between the U.S. dollar and the peso Uruguayo (SU) is $U30/S. Historic exchange rate at which plant and equipment were acquired and commons stock was issued is SU 25/S. All inventory was acquired at the same rate of 31* of June. Using the data presented assume that the peso Unguayo dropped in value from $U30$ to SU40/$ between June 31st and July 1st. Assuming no change in balance sheet accounts belween these two days, calculate the gain or loss from translation by both the current rate method and the temporal method. Explain the translation gain or loss in terms of changes in the value of exposed accounts. Balance Sheet (thousands of pesos Uruguayo, $U) Assets Cash Accounts receivable Inventory Net plant & equipment June 31st 70,000 130,000 120,000 240,000 560,000 Llabilities & Net Worth Current liabilities Long-term debt Capital stock Retained earnings 40,000 100,000 300,000 120,000 560,000 . xal Tamil Dyik - Kucuk Harf Duyarl Sayfa Sayfa 1/1 207 kem, 1. karakter Varayten Bligem Ingiince i I 2 Com + $150 &rciar = Problem 2 do LibreOffice Winter : Eoli We Duren Kaynak kes Coat Time Now Rurrun 11 NAAST Yepy Kappale Tenda KTA: X X *A== Lazden Geor Gobrom Lytenson A Vasylan Brcer A tablo AITH H H H ES 2 Yalaniast Balings - Bul 3 13 12 13 1 13 PROBLEM 2 AA Grupo Modela is the Urguayan subsidiary of a U.S. manufacturing company. Its balance sheet for June 31 follows. The June 31st exchange rate between the U.S. dollar and the peso Uruguayo (SU) is $U30/S. Historic exchange rate at which plant and equipment were acquired and commons stock was issued is SU 25/S. All inventory was acquired at the same rate of 31* of June. Using the data presented assume that the peso Unguayo dropped in value from $U30$ to SU40/$ between June 31st and July 1st. Assuming no change in balance sheet accounts belween these two days, calculate the gain or loss from translation by both the current rate method and the temporal method. Explain the translation gain or loss in terms of changes in the value of exposed accounts. Balance Sheet (thousands of pesos Uruguayo, $U) Assets Cash Accounts receivable Inventory Net plant & equipment June 31st 70,000 130,000 120,000 240,000 560,000 Llabilities & Net Worth Current liabilities Long-term debt Capital stock Retained earnings 40,000 100,000 300,000 120,000 560,000 . xal Tamil Dyik - Kucuk Harf Duyarl Sayfa Sayfa 1/1 207 kem, 1. karakter Varayten Bligem Ingiince i I 2 Com + $150
