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Business, 27.11.2020 05:00, karennayeli
If the European subsidiary of a U. S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro to $1.20/ Euro the U. S. firm has a translation:
a. gain of $75,000
b. loss of $75,000
c. gain of $65,000
d. loss of 546,923
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Answers: 1
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If the European subsidiary of a U. S. firm has net exposed assets of 750,000 Euros, and the euro dro...
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