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Please help for the New Zealand dollar (NZ$): (1) NZ$ =$0.55,(2)NZ$=$0.60, and (3) NZ$=$0.65. (Assume U.S. sales Assume that NZ$ earnings will be remitted to
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for the New Zealand dollar (NZ\$): (1) NZ\$ =$0.55,(2)NZ$=$0.60, and (3) NZ$=$0.65. (Assume U.S. sales Assume that NZ$ earnings will be remitted to the U.S. parent at the end of the period. Ignore possible tax effects The preceding table shows that DeKalb Inc. is adversely affected by a New Zealand dollar valueStep by Step Solution
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