Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 52,000 solaris, debt in the amount of 26,000 solaris, and equity of 26.000 solaris. a. If the current exchange ratio is 1.25 solaris per dollar, what does the balance sheet look like in dollars? (Round your answers to 2 decimal places, e.g., 32.16.) Assets Total assets b. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.30 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to the nearest whole number, e.g., 32.) Assets Total assets Balance Sheet Debt Equity Total liabilities and equity Assets c. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.12 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places, e.g., 32.16.) Total assets Balance Sheet Debt Equity Total liabilities and equity Balance Sheet Debt Equity Total liabilities and equity

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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Atreides International has operations in Arrakis. The balance sheet for this division in
Arrakeen solaris shows assets of 52,000 solaris, debt in the amount of 26,000 solaris.
and equity of 26,000 solaris.
a. If the current exchange ratio is 1.25 solaris per dollar, what does the balance sheet
look like in dollars? (Round your answers to 2 decimal places, e.g., 32.16.)
Assets
Total assets
b. Assume that one year from now the balance sheet in solaris is exactly the same as at
the beginning of the year. If the exchange rate is 1.30 solaris per dollar, what does the
balance sheet look like in dollars now? (Round your answers to the nearest whole
number, e.g., 32.)
Assets
Total assets
Balance Sheet
Debt
Equity
Total liabilities and equity
Assets
c. Assume that one year from now the balance sheet in solaris is exactly the same as at
the beginning of the year. If the exchange rate is 1.12 solaris per dollar, what does the
balance sheet look like in dollars now? (Round your answers to 2 decimal places,
e.g., 32.16.)
Total assets
Balance Sheet
Debt
Equity
Total liabilities and equity
Balance Sheet
Debt
Equity
Total liabilities and equity
Transcribed Image Text:Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 52,000 solaris, debt in the amount of 26,000 solaris. and equity of 26,000 solaris. a. If the current exchange ratio is 1.25 solaris per dollar, what does the balance sheet look like in dollars? (Round your answers to 2 decimal places, e.g., 32.16.) Assets Total assets b. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.30 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to the nearest whole number, e.g., 32.) Assets Total assets Balance Sheet Debt Equity Total liabilities and equity Assets c. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchange rate is 1.12 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places, e.g., 32.16.) Total assets Balance Sheet Debt Equity Total liabilities and equity Balance Sheet Debt Equity Total liabilities and equity
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