Case Ganado Europe. Using facts in the chapter for Ganado Europe, assume the exchange rate on January in the following table dropped in value from $ to $ The weight average of the exchange rates for the inventories is $ and the weight average of the historical exchange rates for the net plant and equipment is $ Recalculate Ganado Europe's translated balance sheet for January with the new exchange rate using the current rate method as shown in the
tableDecernber January Exchange Rate,Translated,Exchange Rate,TranslatedAssetsAccounts Accounts $CashAccounts receivable,
