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Time 3 of 10 (0 complete) i Data Table - X S-based MNC the local (euro) 31, 2016, the psidiary follow: figures for the the

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Time 3 of 10 (0 complete) i Data Table - X S-based MNC the local (euro) 31, 2016, the psidiary follow: figures for the the mber 31, 2016 valu (Round to the December 31, 2016 US$ 15 is $. (RO 5 are $ 1. (RO Translation of Income Statement December 31, 2015 Euro US$ 27,000.00 23,490.00 3,510.00 Sales Cost of goods sold Operating profits (Round to the nd 2016 is $(RO 16 are $1. (RO December 31, 2016 US$ (Round to the nel Translation of Balance Sheet December 31, 2015 Assets Euro USS Cash 72.00 Inventory 504.00 Plant and equipment (net) 324.00 Total 900.00 Liabilities and Stockholders' equity Debt 459.00 Paid.in capital 135.00 Retained Earnings 306.00 Total 900.00 (Round to the Der 31, 2015 is $ are $ (Round 1. (Round to the ne wer boxes. Print Done Translation of financial statements AU.S.-based MNC has a subsidiary in France local currency, euro, E) The balance sheet and income statement of the subsidiary follow On December 31, 2015, the exchange rate is US$121/e. Assume that the local (euro) figures for the statements remain the same on December 31, 2016. Calculate the US dollar translated figures for the two ending time periods, assuming the between December 31, 2015 and December 31, 2016, the euro has appreciated against the U.S. dollar by 4% (Mint When calculating the exchange rate for December 31, 2016 values, round the rule to four decimal places) The sales on December 31, 2015 are (Round to the nearest cent) The cost of goods sold on December 31, 2015 (Round to the nearest cant) The operating profits on December 31, 2015 are 5. Round to the nearest cent) The sales on December 31, 2016 is $ (Round to the nearest cont.) The cost of goods sold on December 31, 2016 is $ (Round to the nearest cant) The operating profits on December 31, 2016 0 $. (Round to the nearest cent) The cash on December 31, 2015 is $C (Round to the nearest cent) The inventory on December 31, 2015 is $(Round to the nearest cent) The net plant and equipment on December 31, 2015 in $(Round to the nearest cent.) The total assets on December 31, 2015 are (Round to the nearest cent.) The debt on December 31, 2015 in 57 (Round to the nearest cent) Enter your answer in each of the answer boxes Translation of financial statements A U.S.-based MNC has a subsidiary in France (local currency, auro, ). The balance sheet and in exchange rate is US$1.21/. Assume that the local (euro) figures for the statements remain the same on December 31, 2016. Calculate between December 31, 2015 and December 31, 2016, the euro has appreciated against the U.S. dollar by 4%. (Hint: When calculating t places.) The debt on December 31, 2015 is $. (Round to the nearest cent.) The paid-in capital on December 31, 2015 is $. (Round to the nearest cent.) The retained earnings on December 31, 2015 is $. (Round to the nearest cent.) The total liabilities and stockholders' equity on December 31, 2015 are $ (Round to the nearest cent.) The cash on December 31, 2016 is $. (Round to the nearest cent.) The inventory on December 31, 2016 is $. (Round to the nearest cent.) The net plant and equipment on December 31, 2016 is $. (Round to the nearest cent.) The total assets on December 31, 2016 is $. (Round to the nearest cent.) The debt on December 31, 2016 is $. (Round to the nearest cent.) The paid-in capital on December 31, 2016 is $. (Round to the nearest cent.) The retainer caminne on noramhar 21 2018 i el Round in the neareet rent Enter your answer in each of the answer boxes. MacBook Air The total assets on December 31, 2016 is $11. (Round to the nearest cent.) The debt on December 31, 2016 is $ . (Round to the nearest cent.) The paid-in capital on December 31, 2016 is $. (Round to the nearest cent.) The retained earnings on December 31, 2016 is $1. (Round to the nearest cent.) The total liabilities and stockholders' equity on December 31, 2016 are $ (Round to the nearest cent.)

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