United States and Europe. Bangkok Instruments' balance sheet in thousands of Thai bahts (B) as of March 31 is shown in the popup window: Exchange rates for translating Bangkok Instruments' balance sheet into U.S. dollars are: B44.00/\$ April 1 exchange rate, after 25% devaluation. B33.00/S March 31 exchange rate, before 25% devaluation. All inventory was acquired at this rate. B22.00/\$ Historic exchange rate at which plant and equipment were acquired. Explain the translation gain or loss in terms of changes in the value of exposed accounts. Bangkok Instruments, Ltd. Balance Sheet, March 1 \begin{tabular}{lrrrr} \hline Assets & & & \multicolumn{2}{l}{ Liabilities \& Net Worth } \\ \cline { 1 - 2 } \cline { 4 - 5 } Cash & B25,000,000 & & Accounts payable & B20,000,000 \\ Accounts receivable & 38,000,000 & & Bank loans & 62,000,000 \\ Inventory & 50,000,000 & & Common stock & 19,000,000 \\ Net plant \& equipment & 62,000,000 & & Retained earnings & 74,000,000 \\ \cline { 2 } \cline { 4 - 5 } & B175,000,000 & & B175,000,000 \\ \hline \end{tabular} Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. (a) Dollar retained earnings before depreciation are the cumulative sum of additions to retained earnings of all prior years, translated to exchange rates in each year. (b) Translated into dollars at the same rate as before depreciation of the baht. Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. United States and Europe. Bangkok Instruments' balance sheet in thousands of Thai bahts (B) as of March 31 is shown in the popup window: Exchange rates for translating Bangkok Instruments' balance sheet into U.S. dollars are: B44.00/\$ April 1 exchange rate, after 25% devaluation. B33.00/S March 31 exchange rate, before 25% devaluation. All inventory was acquired at this rate. B22.00/\$ Historic exchange rate at which plant and equipment were acquired. Explain the translation gain or loss in terms of changes in the value of exposed accounts. Bangkok Instruments, Ltd. Balance Sheet, March 1 \begin{tabular}{lrrrr} \hline Assets & & & \multicolumn{2}{l}{ Liabilities \& Net Worth } \\ \cline { 1 - 2 } \cline { 4 - 5 } Cash & B25,000,000 & & Accounts payable & B20,000,000 \\ Accounts receivable & 38,000,000 & & Bank loans & 62,000,000 \\ Inventory & 50,000,000 & & Common stock & 19,000,000 \\ Net plant \& equipment & 62,000,000 & & Retained earnings & 74,000,000 \\ \cline { 2 } \cline { 4 - 5 } & B175,000,000 & & B175,000,000 \\ \hline \end{tabular} Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. (a) Dollar retained earnings before depreciation are the cumulative sum of additions to retained earnings of all prior years, translated to exchange rates in each year. (b) Translated into dollars at the same rate as before depreciation of the baht. Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet
