What is the net inflow or outflow as measured in u.s. dollar


Problem:

Subsidiary A of Mega Corporation has net inflows in Australian dollars of A$1,000,000, while Subsidiary B has net outflows in Australian dollars of A$1,500,000. The expected exchange rate of the Australian dollar is $.55. What is the net inflow or outflow as measured in U.S. dollars?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the net inflow or outflow as measured in u.s. dollar
Reference No:- TGS02067393

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)