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Adamantine Architectonics consists of a U.S. parent and wholly owned subsidiaries in Malaysia (A-Malaysia) and Mexico (A-Mexico). Selected portions of their non-consolidated balance sheets. translated into U.S. dollars. are shown in the popup window. What are the debt and equity proportions in Adamantine's consolidated balance sheet?
Data Table
A-Malaysia (in ringgits) A-Mexico (in pesos)
Long-term debt RM12,300,000 Long-term debt Ps17,250,000 Shareholders' equity RM18,040,000 Shareholders' equity Ps72,450,000 Adamantine Architectonics (non-consolidated)
Investment in subsidiaries (US dollars): Parent long-term debt $12,000,000
in A-Malaysia $4,400,000 Common stock $4,000,000
in A-Mexico $6,300,000 Retained earnings $15,000,000
Current exchange rates
Malaysian ringgit per dollar RM4.10/$
Mexican pesos per dollar Ps11.50/$
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