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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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