upis poss Cairo Ingot, Ltd. Cairo Ingot. Lid, is the Egyptian subsidiary of Trans Mediterranean Aluminum, a British multinational that fashions automobile engine blocks from aluminum Tan Medancan's home reporting Currency is the British pound. Cairo Ingots December 31 balance sheet is shown in the popup window. At the date of this balance sheet the exchange rate between Egyptian pounds and British pounds storing was FE5.901 What is Cairo Ingol's contribution to the translation exposure of Trans-Mediterranean on December 31, using the current rate method? Calculate the translation exposure loss to Trans Mediterranean the exchange rate at the end of the following quarter is E6400 Cairo Ingolf's translated balance sheet using the current rate method is shown in the popup window. Assume al balance sheet accounts are the same at the end of the quarter as they were at the beginning Using the current rate method, what is Cairo Ingo's contribution to the translation exposure of les parent? LE Round to the nearest Egyptian pound) What is Cairo Ingo's contribution to its parent's translation loss if the exchange rate on Marchistis E6 4018? Round to the newest British pound) anslation exposure of Trans-Mediterranean on December 31, using the current rate method? Calculate the translation exposure loss to Trans-Medite 40/4.. Cairo Ingol's translated balance sheet using the current rate method is shown in the popup window, Assume all balance sheet accounts ar Cairo Ingot's ca un pound.) Data Table its parent's transl -pound.) Assets Liabilities and Net Worth Cash 15,000,000 Accounts payable E24,800,000 Accounts receivable 34,000,000 Long-term debt 48,500,000 Inventory 48,000,000 Invested capital 89,700,000 Net plant & equipment 66,000,000 E 163,000,000 E 163,000,000 Click on the icon located on the top-nght corner of the data fable in order to copy is contents into a spreadsheet Print Done each of the answer boxes Terms of Use Privacy Policy Bermosos con Copyright 2020 Pearson Education Inc. All rights reserved. Universty Federal ITS Helpdesh ne wind. Cairo Ingol's December 31 balance sheet is shown in the popup window. 1 TITUS JUH y me Dicks from aluminum Trans-Mediterranean At the date of this balance sheet the exchange rate between Egyptian pounds and Britis Data Table entribution to the ing quarter is E6 at the beginning - X Fans-Mediterranean i accounts are the sam e method, what is ca Cairo Ingot's Translation Gain (Loss) After Depreciation of the Egyptian pound: Current Rate Method December 31 March 31 we nearest Egyptian pd t's contribution to its pa the nearest British pound In Egyptian Exchange Translated Exchange Translated Assets pounds (EE) Rate (EEC) Accounts (E) Rate (CE/E) Accounts (9) Cash LE15,000,000 5.90 2,542,373 6.40 2,343.750 Accounts receivable 34,000,000 5.90 5.762.712 6.40 5.312,500 Inventory 48,000,000 5.90 8,135,593 6.40 7,500,000 Net plant and equipment 66,000,000 5.90 11 185 441 6.40 10,312,500 Total LE 163,000,000 27,627,119 25,468,750 Liabilities and Net Worth Accounts payable LE24,800,000 4.203,390 6.40 13.875,000 Long term debt 48,500,000 590 8.220.339 7,578,125 Invested capital 89,700,000 5.90 15,203.390 15,203 390 Translation adjustment (CTA) (1.187 765) Total EE163,000,000 27.627.119 025,458.750 Click on the icon located on the top right corner of the data obe in order to copy is confentando a ord eel 590 6.40 590 upis poss Cairo Ingot, Ltd. Cairo Ingot. Lid, is the Egyptian subsidiary of Trans Mediterranean Aluminum, a British multinational that fashions automobile engine blocks from aluminum Tan Medancan's home reporting Currency is the British pound. Cairo Ingots December 31 balance sheet is shown in the popup window. At the date of this balance sheet the exchange rate between Egyptian pounds and British pounds storing was FE5.901 What is Cairo Ingol's contribution to the translation exposure of Trans-Mediterranean on December 31, using the current rate method? Calculate the translation exposure loss to Trans Mediterranean the exchange rate at the end of the following quarter is E6400 Cairo Ingolf's translated balance sheet using the current rate method is shown in the popup window. Assume al balance sheet accounts are the same at the end of the quarter as they were at the beginning Using the current rate method, what is Cairo Ingo's contribution to the translation exposure of les parent? LE Round to the nearest Egyptian pound) What is Cairo Ingo's contribution to its parent's translation loss if the exchange rate on Marchistis E6 4018? Round to the newest British pound) anslation exposure of Trans-Mediterranean on December 31, using the current rate method? Calculate the translation exposure loss to Trans-Medite 40/4.. Cairo Ingol's translated balance sheet using the current rate method is shown in the popup window, Assume all balance sheet accounts ar Cairo Ingot's ca un pound.) Data Table its parent's transl -pound.) Assets Liabilities and Net Worth Cash 15,000,000 Accounts payable E24,800,000 Accounts receivable 34,000,000 Long-term debt 48,500,000 Inventory 48,000,000 Invested capital 89,700,000 Net plant & equipment 66,000,000 E 163,000,000 E 163,000,000 Click on the icon located on the top-nght corner of the data fable in order to copy is contents into a spreadsheet Print Done each of the answer boxes Terms of Use Privacy Policy Bermosos con Copyright 2020 Pearson Education Inc. All rights reserved. Universty Federal ITS Helpdesh ne wind. Cairo Ingol's December 31 balance sheet is shown in the popup window. 1 TITUS JUH y me Dicks from aluminum Trans-Mediterranean At the date of this balance sheet the exchange rate between Egyptian pounds and Britis Data Table entribution to the ing quarter is E6 at the beginning - X Fans-Mediterranean i accounts are the sam e method, what is ca Cairo Ingot's Translation Gain (Loss) After Depreciation of the Egyptian pound: Current Rate Method December 31 March 31 we nearest Egyptian pd t's contribution to its pa the nearest British pound In Egyptian Exchange Translated Exchange Translated Assets pounds (EE) Rate (EEC) Accounts (E) Rate (CE/E) Accounts (9) Cash LE15,000,000 5.90 2,542,373 6.40 2,343.750 Accounts receivable 34,000,000 5.90 5.762.712 6.40 5.312,500 Inventory 48,000,000 5.90 8,135,593 6.40 7,500,000 Net plant and equipment 66,000,000 5.90 11 185 441 6.40 10,312,500 Total LE 163,000,000 27,627,119 25,468,750 Liabilities and Net Worth Accounts payable LE24,800,000 4.203,390 6.40 13.875,000 Long term debt 48,500,000 590 8.220.339 7,578,125 Invested capital 89,700,000 5.90 15,203.390 15,203 390 Translation adjustment (CTA) (1.187 765) Total EE163,000,000 27.627.119 025,458.750 Click on the icon located on the top right corner of the data obe in order to copy is confentando a ord eel 590 6.40 590