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Business, 30.10.2019 02:31 lulustar13
Bronco co. is a u. s.-based mnc that has subsidiaries in spain and germany. both subsidiaries frequently remit their earnings back to the parent company. the spain subsidiary generated a net outflow of €5,000,000 this year, while the german subsidiary generated a net inflow of €4,500,000. what is the net inflow or outflow as measured in u. s. dollars this year? the exchange rate for the euro is $1.159.
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Bronco co. is a u. s.-based mnc that has subsidiaries in spain and germany. both subsidiaries freque...
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