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A U.S.-based publicly traded company has a Swedish subsidiary. For the Swedish subsidiary, the Euro impacts the cost of goods sold and revenue. The primary
A U.S.-based publicly traded company has a Swedish subsidiary. For the Swedish subsidiary, the Euro impacts the cost of goods sold and revenue. The primary source of long-term debt financing for the U.S. company is Canadian investors. The functional currency of the Swedish subsidiary is the: *Source: Retired ICMA CMA Exam Questions. U.S. dollar. Canadian dollar. Euro. Swedish krona
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