Business, 03.06.2021 02:10 hannahmyung1113

Tea Inc. is using the current rate method for translation. a. The European subsidiary of Tea Inc, has exposed assets of €860.000 and exposed liabilities of€500,000. If the exchange rate movedfrom Sl.19,æ to $1.23/€, what's the amount of translation gain or loss?
b. Will this gain or loss be recognized during the reporting period? Please specify the impact on consolidated financial statements.
c. Is it possible to have a complete balance sheet hedge against the translation exposure? Why?
d. The CFO of Tea Inc. would like to decrease the net exposed assets to decrease the impact of translation exposure.

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Tea Inc. is using the current rate method for translation. a. The European subsidiary of Tea Inc, h...

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