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Subsidiary a of Mega Corp

question 26

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Subsidiary A of Mega Corp. 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?


Definitions:

Supervisor

An individual in charge of overseeing and directing the work of others, typically within an organizational setting.

Humor

The quality of being amusing or entertaining, often expressed through jokes, satire, or comedic actions.

Group Members

Individuals who belong to a specific group or team, sharing common goals or tasks.

Flexibility

The quality of being able to adapt to new, different, or changing requirements.

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