Tristan Narvaja, S.A. (C).Tristan Narvaja, S.A., is the Uruguayan subsidiary of a U.S. manufacturing company. Its balance sheet for January 1 is shown in the popup window,

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. The January 1 exchange rate between the U.S. dollar and the peso Uruguayo ($U) is

$U23/$.

Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1, using the current rate method.

a. Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1st, using the current rate method.

b. Calculate Tristan Narvaja's contribution to its parent's translation gain or loss if the exchange rate on December 31st is

$U16/$.

Assume all peso Uruguayo accounts remain as they were at the beginning of the year.

a. Using the current rate method, what is Tristan Narvaja's contribution to the translation exposure of its parent on January 1st?

$Unothing

(Round to the nearest peso Uruguayo.)

Tristan Narvaja, S.A. (C). Tristan Narvaja, S.A., is the Uruguayan subsidiary of a U.S. manufacturing company. Its balance sheet for January 1 is shown in the popup window, B. The January 1 exchange rate between the U.S. dollar and the peso Uruguayo ($U) is $U23/$. Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1, using the current rate method. a. Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1st, using the current rate method. b. Calculate Tristan Narvaja's contribution to its parent's translation gain or loss if the exchange rate on December 31st is $U16/$. Assume all peso Uruguayo accounts remain as they were at the beginning of the year. a. Using the current rate method, what is Tristan Narvaja's contribution to the translation exposure of its parent on January 1st? $U (Round to the nearest peso Uruguayo.) Balance Sheet (thousands of pesos Uruguayo, $U) Assets Liabilities and Net Worth Cash $U80,000 Current liabilities $U40,000 Accounts receivable 150,000 Long-term debt 50,000 Inventory 130,000 Capital stock 290,000 Net plant & equipment 240,000 Retained earnings 220,000 $U600,000 $U600,000 Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. Tristan Narvaja, S.A. (C). Tristan Narvaja, S.A., is the Uruguayan subsidiary of a U.S. manufacturing company. Its balance sheet for January 1 is shown in the popup window, B. The January 1 exchange rate between the U.S. dollar and the peso Uruguayo ($U) is $U23/$. Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1, using the current rate method. a. Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1st, using the current rate method. b. Calculate Tristan Narvaja's contribution to its parent's translation gain or loss if the exchange rate on December 31st is $U16/$. Assume all peso Uruguayo accounts remain as they were at the beginning of the year. a. Using the current rate method, what is Tristan Narvaja's contribution to the translation exposure of its parent on January 1st? $U (Round to the nearest peso Uruguayo.) Balance Sheet (thousands of pesos Uruguayo, $U) Assets Liabilities and Net Worth Cash $U80,000 Current liabilities $U40,000 Accounts receivable 150,000 Long-term debt 50,000 Inventory 130,000 Capital stock 290,000 Net plant & equipment 240,000 Retained earnings 220,000 $U600,000 $U600,000 Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet