原版书财务这章中p200,16,18题

Kapie

16题答案是否有问题，fix asset怎么是2300 呢？
16. When Marks translates his forecasted balance sheet for Julius into U.S. dollars, total assets at
31 December 2008 (dollars in millions) will be closest to
A. $1,429.
B. $2,392.
C. $3,703.
Solution：
C is correct. Under the current rate method, all assets are translated using the year-end 2008
(current) rate of$1.61/€1.00. €2,300 X 1.61 = $3,703
EXHIBIT 1 Forecasted Balance Sheet Data for Julius 31 December 2008 (€ Millions)
Total liabilities and shareholder equity 100
Cash                      700
Accounts receivable 1,450
Inventory               2,300
Fixed assets           700
Total assets           1,500
Liabilities                100
Common stock        2,300
Retained earnings    50

18题 translated to USD 还是用FIFO　为什么会distorted 呢？

胡老师

是total asset,那不是因该用1500*1.6