Simplify the Following Set of Intra Company Cash Flows for This

question 74

Multiple Choice

Simplify the following set of intra company cash flows for this U.S.Firm. Use the following exchange rates. $$\begin{aligned}£ 1.00 & = \$ 2.00 \\€ 1.00 & = \$ 1.50 \\\text { SFr } 1.00 & = \$ 0.80\end{aligned}$$ The fewest number of intra-affiliate cash flows is

• A)Zero
• B)One
• C)Two
• D)Three
• E)Four

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