Business
Business, 17.04.2020 03:51, sneckoencko

Your shoe company has a subsidiary in Mexico. Recently, the sales revenue (cash flows) in pesos received from this subsidiary has not changed, but the revenue has declined when converted into US dollars. What could've caused this decline in value?

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Your shoe company has a subsidiary in Mexico. Recently, the sales revenue (cash flows) in pesos rece...

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