Assume a firm has $5 million of overseas profits that are invested in U.S. financial assets. These profits have not been repatriated. Given this, the firm is prohibited from using any of the $5 million to:
A) build a new factory in Europe.
B) pay bonuses to its foreign managers.
C) acquire new equipment for installation in its Asian plant.
D) pay dividends.
E) invest in euros.
Correct Answer:
Verified
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