Question: please show work for both problems 11.8 Bangkok Instruments, L.t. (A). Bangkok Instruments, Ltd, the Thai subsidary of a U.S. corporation, is a seismic instrument
11.8 Bangkok Instruments, L.t. (A). Bangkok Instruments, Ltd, the Thai subsidary of a U.S. corporation, is a seismic instrument manufacturer. Bangkok instruments manufactures the instruments primarily for the oil and gas industry globally, though with recent commodity price increases of all kinds, including copper, its business has begun to grow rapidly. Sales are primarily to multinational companies based in the U.S. and Europe. Bangkok Instruments balance sheet in thousands of That bahts (B) as of March 31 is as follows: Bangkok Instruments, Ltd. Balance Sheet, March 1, thousands of Thai bahts Exchange rates for translating Bangkok instrument's balance sheet into U.S. dollars are: 11.9 Bangkok Instruments, Ltd. (B). Using the original data provided for Bangkok Instruments, assume that the Thai baht appreciated in value from B30.00=$1.00B30.00=$1.00 to B25,00 = \$1,00 B25,00 = \$1.00 between March 31 and Aprill 1. Assuming no change in balance sheet accounts between those two days, calculate the gain or loss from translation by both the current rate method and the temporal method. Explain the translation gain or loss in terms of changes in the value of exposed accounts
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