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You acquired 100% of a Swiss subsidiary on January 1, 2016. The subsidiary's Jan. 1 and Dec. 31 account balances (in Swiss francs (CHF) appear
You acquired 100% of a Swiss subsidiary on January 1, 2016. The subsidiary's Jan. 1 and Dec. 31 account balances (in Swiss francs (CHF) appear below. Dividends were declared and paid on August 31; Inventory was acquired evenly over 2016; the December 31 inventory balance was acquired on December 20; Plant assets of 650,000 CHF were acquired on November 1; Depreciation expense for 2016 consists of 300,000 CHF related to plant assets acquired prior to January 1, 2016, and 50,000 CHF related to plant assets acquired on November 1, 2016. For both the Current Rate and Temporal methods, fill in the missing $US amounts at December 31, 2016, for only the accounts with blanks
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