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Question 23 0/2 points Consider a U.S.-based MNC with a wholly owned Italian subsidiary. Following an appreciation of the dollar against the euro, which of the following conclusions are correct? The cash flow in euro could be altered due an alteration in the firm's competitive position in the marketplace A given operating cash flow in curo will be translated to a higher US dollar cash flow aland None of the above 0/2 points Question 26 The financial statements of a multinational corporation (MNC are the consolidated statements of its subsidiaries keep all statements of the various subsidiaries separate are stated in the currency of each subsidiary all of the above /us