Subsidiary a of Mega Corporation Has Net Inflows in Australian

question 62

Multiple Choice

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?

• A) $500,000 outflow.
• B) $500,000 inflow.
• C) $275,000 inflow.
• D) $275,000 outflow.

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Definitions:

Technological Advances

Refers to improvements and innovations in technology that can enhance productivity, efficiency, and quality of life.

Food Production

The process of cultivating plants and raising livestock for the purpose of providing food for consumption.

Per Capita Incomes

The average income earned per person in a certain area in a specified year.

Agricultural Products

Goods derived from agriculture and farming activities, including crops, livestock, and other raw materials.