Betancourt International has operations in Arrakis. The balance sheet for this d

Question

Betancourt International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 29,000 solaris, debt in the amount of 10,500 solaris, and equity of 18,500 solaris. (Enter your answer as directed, but do not round intermediate calculations.)

If the current exchange ratio is 1.39 solaris per dollar, what does the balance sheet look like in dollars?(Round your answers to 2 decimal places (e.g., 32.16).)

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 1.54 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places (e.g., 32.16).)

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 1.24 solaris per dollar, what does the balance sheet look like in dollars now? (Round your answers to 2 decimal places (e.g., 32.16).)

Betancourt International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 29,000 solaris, debt in the amount of 10,500 solaris, and equity of 18,500 solaris. (Enter your answer as directed, but do not round intermediate calculations.)

Explanation / Answer

Betancourt International has operations in Arrakis. The balance sheet for this d

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