Course Content / Chapter 8 / Practice 10 APIC Ret. earnings Cumulative translation adjustment Total liabilities and equity Statement of Cash Flows: Net income Change in accounts receivable Change in inventories Change in current liabilities Net cash from operating activities Change in PPE, net Net cash from investing activities Change in long-term debt Dividends Net cash from financing activities Net change in cash Effect of exchange rate on cash Beginning cash Ending cash Net income x (EOY - Average exchange rate) EOY cumulative translation adjustment Previous Save Answers 62,500 488,250 1,024,350 105,000 (29,000) (37,250) 21,200 59,950 (38,400) (38,400) 49,400 (10,500) 38,900 60,450 153,000 213,450 $ 0.65 b. Compute the ending Cumulative Translation Adjustment directly, assuming a BOY balance of $115,375.50. Do not round your answers for part b. Direct computation of translation adjustment: $ 1.03 $ 1.03 1.03 1.03 1.02 1.05 1.04 40625 399792 163878 $ 1085811 0.97 $ 108150 -29870 -383