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Suppose a U.S. wood-products company has facilities and employees in Canada providing its raw materials (wood), but has most of its sales in the United
Suppose a U.S. wood-products company has facilities and employees in Canada providing its raw materials (wood), but has most of its sales in the United States.
Q/ How can it calculate its profit if revenue is in U.S. currency and most of its costs are in Canadian currency?
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