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When Water Freezes,its Volume

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When water freezes,its volume


Definitions:

Foreign Subsidiary

A company that is partly or wholly owned by another company, known as the parent company, and is located in a different country.

Functional Currency

A currency that an entity uses to conduct key aspects of its business operations, affecting how financial transactions and balances are denominated.

Dividends

Payments made by a corporation to its shareholder members, typically from profits earned.

Exchange Rates

The rate at which one currency is exchanged for another, affecting international trade and investments by determining how much one currency is worth in terms of another.

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