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For a recent month, the following payments matrix of inter- affiliate cash flows was forecasted: Receipts by France Britain U.S. Disbursement From: France Britain U.S.

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For a recent month, the following payments matrix of inter- affiliate cash flows was forecasted: Receipts by France Britain U.S. Disbursement From: France Britain U.S. 500 800 480 300 $ 600 $ 960 The spot exchange rates are $1.20 = 1.00 and $2.00 = 1.00; affiliates get paid in home currency. Use multilateral netting to find the net payments to and from all parties. Which of the following is an accurate chart of their current situation? Select one: U.S. US $40 $20 S40 $20 France UK $60 France 50 UK b

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