NO.PZ202304050100007801
问题如下：
(1) If the US dollar were chosen as the functional currency for Acceletron in 2007, Redline could reduce its balance sheet exposure to exchange rates by:
选项：
A.
selling SGD30 million of fixed assets for cash.
B.
issuing SGD30 million of long-term debt to buy fixed assets.
C.
issuing SGD30 million in short-term debt to purchase marketable securities.
解释：
If the US dollar is the functional currency, the temporal method must be used, and the balance sheet exposure will be the net monetary assets of 125 + 230 – 185 – 200 = –30, or a net monetary liability of SGD30 million. This net monetary liability would be eliminated if fixed assets (non-monetary) were sold to increase cash. Issuing debt, either short-term or long-term, would increase the net monetary liability.
exposure＝流动资产-流动负债，把固定资产变为流动资产，流动资产变大了，exposure不是应该变大了吗？
