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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
16.        Translation Exposure   Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 27,000 solaris, debt in the amount of 11,000 solaris, and equity of 16,000 solaris.
a.   If the current exchange ratio is 1.50 solaris per dollar, what does the balance sheet look like in dollars?
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 1.60 solaris per dollar, what does the balance sheet look like in dollars now?
c.    Rework part (b) assuming the exchange rate is 1.41 solaris per dollar.
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