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Business, 14.11.2019 06:31 harleyquinn1241

"dubas co. is a u. s.-based mnc that has a subsidiary in germany and another subsidiary in austria. both subsidiaries frequently remit their earnings back to the parent company. the german subsidiary generated a net outflow of €2,000,000 this year, while the austrian subsidiary generated a net inflow of €1,500,000. what is the net inflow or outflow as measured in u. s. dollars this year? the exchange rate for the euro is $1.05"

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