Solaris due to retained earnings-what does balance sheet

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Reference no: EM13917535

Betancourt International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 24,000 solaris, debt in the amount of 8,000 solaris, and equity of 16,000 solaris. Assume the equity increases by 1,500 solaris due to retained earnings.

Required:

If the exchange rate at the end of the year is 1.28 solaris per dollar, what does the balance sheet look like? (Enter your answer as directed, but do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

Reference no: EM13917535

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Solaris due to retained earnings-what does balance sheet : Betancourt International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 24,000 solaris, debt in the amount of 8,000 solaris, and equity of 16,000 solaris. Assume the equity increases by 1,500 solari..

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