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For a recent month, the following payments matrix of interaffiliate cash flows was forecasted: Disbursement From: Receipts by: France Britain U.S. France 500 800 Britain
For a recent month, the following payments matrix of interaffiliate cash flows was forecasted:
Disbursement From: | |||||||||||
Receipts by: | France | Britain | U.S. | ||||||||
France | 500 | 800 | |||||||||
Britain | 300 | 400 | |||||||||
U.S. | $ | 1,000 | $ | 500 | |||||||
Use bilateral netting to find the net payment from the U.S. affiliate to the British affiliate.
The spot exchange rates are $1.20 = 1.00 and $1.80 = 1.00; affiliates get paid in home currency.
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