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What is the debt proportion in Adamantine's consolidated balance sheet? _____(Round to two decimal places.) What is the equity proportion in Adamantine's consolidated balance sheet?
What is the debt proportion in Adamantine's consolidated balance sheet? _____(Round to two decimal places.)
What is the equity proportion in Adamantine's consolidated balance sheet? _____(Round to two decimal places.)
X Problem 14-9 (algorithmic) Question Help Adamantine Architectonics. Adamantine Architectonics consists of a U.S. parent and wholly owned subsidiaries in Malaysia (A-Malaysia) and Mexico (A-Mexico). Selected portions of their non-consolidated balance sheets, translated into U.S. dollars, are shown in the popup window, 6. What are the debt and equity proportions in Adamantine's consolidated balance sheet? Data Table A-Malaysia (in ringgits) Long-term debt Shareholders' equity RM14,280,000 RM15, 120,000 A-Mexico (in pesos) Long-term debt Shareholders' equity Ps20,700,000 Ps 75,900,000 Adamantine Architectonics (non-consolidated) Investment in subsidiaries (US dollars): Parent long-term debt $14,000,000 in A-Malaysia $3,600,000 Common stock $4,000,000 in A-Mexico $6,600,000 Retained earnings $24,000,000 Current exchange rates Malaysian ringgit per dollar RM4.20/$ Mexican pesos per dollar Ps 11.50/$ Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. Print Done Enter your answer in the answer box and then click Check
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