Tristan Narvaja S A C Tristan Narvaja S A Is The Uruguayan Subsidiary Of A U S Manufacturing Company Its Balan 1 (31.71 KiB) Viewed 47 times
Tristan Narvaja S A C Tristan Narvaja S A Is The Uruguayan Subsidiary Of A U S Manufacturing Company Its Balan 2 (31.59 KiB) Viewed 47 times
Tristan Narvaja, S.A. (C). 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 SU22/S. 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 gain or loss if the exchange rate on December 31st is $U14/$. Assume all peso Uruguayo accounts remain as they were at the beginning of the year.
Balance Sheet (thousands of pesos Uruguayo, $U) Assets Cash SU80,000 120,000 130,000 250,000 SU10,000 80,000 260,000 230,000 $U580,000 $U580,000 Click on the icon located on the top-night corner of the data table in order to copy its contents into a spreadsheet. Accounts receivable Inventory Net plant & equipment Liabilities and Net Worth Current liabilities Long-term debt Capital stock Retained earnings
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