If the Indian subsidiary of a US firm has net exposed assets of Rp9,000,000 and the Indian rupee drops in value from Rp45.00/$ to Rp50.00/$, the US firm has a translation:
A) Loss of $25,000
B) Gain of $20,000
C) Loss of $20,000
D) Gain of $25,000
Correct Answer:
Verified
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Q6: Which of the following is not one
Q7: Operational techniques include:
A)diversification of a company's operations
B)purchasing
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Q9: Which of the following are rules to
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Q12: A forward currency transaction:
A)Sets the future date
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