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Dubas Co. is a U.S.-based MNC that has a subsidiary in Germany and another subsidiary in Greece. Both subsidiaries frequently remit their earnings back to
Dubas Co. is a U.S.-based MNC that has a subsidiary in Germany and another subsidiary in Greece. 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 Greek subsidiary generated a net inflow of 1,500,000. What the net inflow or outflow is as measured in U.S. dollars this year? The exchange rate for the euro is $1.05. (INDICATE AN OUTFLOW WITH A NEGATIVE SIGN)
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