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Question 8 (2 points) An Australian subsidiary of a Swedish company has exposed assets of Aus$22 mi and exposed liabilities of Aus$27 mi. If the
Question 8 (2 points) An Australian subsidiary of a Swedish company has exposed assets of Aus$22 mi and exposed liabilities of Aus$27 mi. If the exchange rate changes from SK1.4899/Aus$ to SK1.5761/Aus$, what would be the amount of the translation gain or loss? A) Exchange loss = SKO.1835 mi. B) Exchange gain = SK0.1835 mi. C) Exchange gain = Aus$0.1835 mi. D) Exchange loss = Aus$0.431 mi. E) Exchange loss = SK0.431 mi
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