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A US parent firm, as result of its business activities in Germany, has a net exposure of 1,000,000. The consolidated reports were prepared at the

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A US parent firm, as result of its business activities in Germany, has a net exposure of 1,000,000. The consolidated reports were prepared at the year-end for the last two successive years. If the exchange rates on these reporting dates changed from $100=6110 to $100=61,00, then the translation exposure report will indicate a "reporting currency imbalance" of Multiple Choice $90.910 none of the options \$0. $90,910

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