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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. Assume the equity increases by 2,000 solaris due to retained earnings. If the exchange rate at the end of the year is 1.33 solaris per dollar, what does the balance sheet look like? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Balance Sheet (dollars) Assets Liabilities Debt $ Equity Assets $ Total debt & equity $

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Financial Management, Finance

Category:- Financial Management
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