The following is the balance sheet of Kingston Industries-Sweden, a wholly-owned subsidiary of Kingston Industries...
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Accounting
The following is the balance sheet of Kingston Industries-Sweden, a wholly-owned subsidiary of Kingston Industries (USA), a manufacturer of electronic appliances.
What is Kingston Industries-Sweden's net exposed assets using the Temporal method in SEK?
A.
-SEK 32.7 million
B.
+SEK 35.8 million
C.
+SEK 17.1 million
D.
-SEK 35.8 million
Liabilities and Net Worth (in Million SEK) Accounts Payable Short-term Debt 3-year note Assets (in million SEK) 5.3 16.2 19.2 4.3 Accounts Receivable 12.9 Inventory 15.6 (Citibank-Sweden) Factory A (1973 3.8 8-year note (First 9.2 Swedish Bank) Factory B (1993)49.1 Capital Stock 35.8 85.7 85.7 Liabilities and Net Worth (in Million SEK) Accounts Payable Short-term Debt 3-year note Assets (in million SEK) 5.3 16.2 19.2 4.3 Accounts Receivable 12.9 Inventory 15.6 (Citibank-Sweden) Factory A (1973 3.8 8-year note (First 9.2 Swedish Bank) Factory B (1993)49.1 Capital Stock 35.8 85.7 85.7
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