6 Lincolnshire Co. is an Australian company that exports 80 per cent of its total production of...
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6 Lincolnshire Co. is an Australian company that exports 80 per cent of its total production of goods to Asian countries. Lincolnshire denominates all its exports in Australian dollars. Kalafa Co. sells all the goods it produces in Australia, but it has a subsidiary in Thailand that usually generates about 20 per cent of its total earnings. Compare the translation exposure of these two Australian companies.
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Related Book For
International Financial Management
ISBN: 9780170449014
2nd Edition
Authors: Dr Jeff Madura, Prof Ariful Hoque,Prof Chandrasekhar Krishnamurti
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