Show me the steps to solve EXERCISE $12-4$

Foreign Currency Translation$-$Current Rate Method LQ

Direct exchange rates for Swiss franc are:

EXERCISE $12-6$

Local Currency is a Foreign $($Non$-$U$.$S$.)$ Currency LO$\mathrm{.}7$

Refer to Exercise $12-4.$ Using the same information. assume that the Brazilian real is identified as the functional currency of the subsidiary.

Required: $$

A$.$ Remeasure the account balances that are expressed in Swiss francs into Brazilian reals. Direct exchange rates for the real are:

B$.$ Translate the remeasured accounts that are now stated in Reals into dollars using the current rate method. Direct exchange rates for the real are:

Dollars per Real