Atreides International has operations in Arrakis. The balance
sheet for this division in Arrakeen solaris shows...
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Finance
Atreides International has operations in Arrakis. The balancesheet for this division in Arrakeen solaris shows assets of 26,000solaris, debt in the amount of 13,000 solaris, and equity of 13,000solaris.
a.
If the current exchange ratio is 1.25 solaris per dollar, whatdoes the balance sheet look like in dollars? (Do not roundintermediate calculations and round your answers to 2 decimalplaces, e.g., 32.16.)
Balance sheet
Assets
$
Debt
$
Equity
Total assets
$
Total liabilities and equity
$
b.
Assume that one year from now the balance sheet in solaris isexactly the same as at the beginning of the year. If the exchangerate is 1.30 solaris per dollar, what does the balance sheet looklike in dollars now? (Do not round intermediatecalculations and round your answers to the nearest whole number,e.g., 32.16.)
Balance sheet
Assets
$
Debt
$
Equity
Total assets
$
Total liabilities and equity
$
c.
Assume that one year from now the balance sheet in solaris isexactly the same as at the beginning of the year. If the exchangerate is 1.20 solaris per dollar, what does the balance sheet looklike in dollars now? (Do not round intermediatecalculations and round your answers to 2 decimal places, e.g.,32.16.)
Balance sheet
Assets
$
Debt
$
Equity
Total assets
$
Total liabilities and equity
$
Answer & Explanation
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4.1 Ratings (832 Votes)
aBalance sheet Assets 20800Debt 10400Equity 10400Total assets
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