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Translation and Remeasurement Gains and Losses Sales, inventory purchases, and cash operating expenses were reported evenly throughout the year. Exchange rates are as follows (
Translation and Remeasurement Gains and Losses
Sales, inventory purchases, and cash operating expenses were reported evenly throughout the year. Exchange rates are as follows $Ps:
a Prepare a schedule to compute Walmart Mexico's remeasurement gain or loss, assuming Walmart Mexico's functional currency is the US dollar.
Instructions:
Use negative signs with answers to indicate a negative exposed position balance.
Use negative signs with answers to indicate an amount that reduces the exposed position balance.
Using the dropdown menu, select the appropriate answer to indicate a remeasurement gain or remeasurement loss.
Do not use a negative sign with your remeasurement gain or remeasurement loss answer.
Enter answers in millions.
b Prepare a schedule to compute Walmart Mexico's translation gain or loss, assuming Walmart Mexico's functional currency is the Mexican peso.
Instructions
Use negative signs with answers to indicate a negative exposed position balance.
Use negative signs with answers to indicate an amount that reduces the exposed position balance.
Using the dropdown menu, select the appropriate answer to indicate a remeasurement gain or remeasurement loss.
Do not use a negative sign with your translation gain or translation loss answer.
Enter answers in millions.
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