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ustment ng itemes in EURO Item Amount EURO Cash 1000 Accounts receivable 500 500 500 Inventory Property and equipment Patents, net Long-term debt short-term debt
ustment ng itemes in EURO Item Amount EURO Cash 1000 Accounts receivable 500 500 500 Inventory Property and equipment Patents, net Long-term debt short-term debt 1000 1000 1000 1000 Capital stock Additional paid in Capital 500 2000 1500 Sales Cost of goods sold Selling and administrative expenses Depreciation expense Amortization expense 100 100 100 Interest expense 100 January 1 Year 1.. $1.10 Rate when property and equipment were acquired and short and long-term debt was incurred, January 15, Year 1 W TCL 1500 100 Cost of goods sold Selling and administrative expenses Depreciation expense Amortization expense Interest expense 100 100 100 January 1, Year 1 $1.10 Rate when property and equipment were acquired and short and long-term debt was incurred, January 15, Year 1........ .....1.11 Rate when patent was acquired, February 1. Year 1. .1.1.12 Average Year 1. 1.15 Average 3 years... 1.15 Average for the month of December... 1.1.10 December 31. Year 1.. 1.1.13 1- Calculate : Total assets in USD according to Current rate method 2- Calculate: Total Liabilities in USD according to Current rate method 3. Calculate: Total Net income in USD according to Current rate method 4- Calculate: Amortization expense in USD according to Current rate method 5- Calculate : Depreciation expense in USD according to Current rate method 6- Calculate: Amortization expense in USD according to Temporal Method 7. Calculate : Depreciation expense in USD according to Temporal Method
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