Tristan Narvaja S A A Tristan Narvaja S A Is The Uruguayan Subsidiary Of A U S Manufacturing Company Its Balanc 1 (29.29 KiB) Viewed 39 times
Tristan Narvaja S A A Tristan Narvaja S A Is The Uruguayan Subsidiary Of A U S Manufacturing Company Its Balanc 2 (38.08 KiB) Viewed 39 times
Tristan Narvaja, S.A. (A). Tristan Narvaja, S.A., is the Uruguayan subsidiary of a U.S. manufacturing company Its balance sheet for January 1 is shown in the popup window. The January 1 exchange rate between the U.S. dollar and the peso Uruguayo (SU) is $U20/$. Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1, using the current rate method. a. Determine Tristan Narvaja's contribution to the translation exposure of its parent on January 1st, using the current rate method. b. Calculate Tristan Narvaja's contribution to its parent's translation loss if the exchange rate on December 31st is $U20/$. Assume all peso Uruguayo accounts remain as they were at the beginning of the year.
Balance Sheet (thousands of pesos Uruguayo, SU) Assets Cash $U60,000 110,000 150.000 240,000 Accounts receivable Inventory Net plant & equipment Liabilities and Net Worth Current liabilities Long-term debt $U30,000 70,000 270.000 190,000 $U560,000 SU560,000 Click on the icon located on the top-night comer of the data table in order to copy its contents into a spreadsheet. Capital stock Retained earnings
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