Telco Ltd. a Malaysian subsidiary of Palmer Group Ltd, based in United Kingdom are preparing to consolidate the company's account in pound sterling, its parent's currency. Telco's balance sheet is shown below. Assets (in RM'000) Cash and marketable securities Account receivables Inventory (at market value) Net fixed asset Total assets Liabilities (in RM'000) 4,000 Account payables 1,200 Short-term debt 5,300 Long-term debt 5.400 Equities 15,900 8,000 4,000 2,500 14.400 - 15,900 (a) Calculate Telco's translation exposure at 0.1525/RM. According to (1) currenton current method, (ii) monetary-non monetary method, (iii) temporal method and (iv) current rate. (b) Calculate translation gain or loss as a results of exchange rate movement from 0.1525/RM to 0.1425/RM of 0.15%%om * thun