Question
Your firm's inter-affiliate cash receipts and disbursements matrix is shown here ($000): Disbursements Receipts U.S. Canada Germany U.K. Total Receipts U.S. 30 35 60 125
Your firm's inter-affiliate cash receipts and disbursements matrix is shown here ($000):
|
| Disbursements |
| |||
| Receipts | U.S. | Canada | Germany | U.K. | Total Receipts |
| U.S. |
| 30 | 35 | 60 | 125 |
| Canada | 20 |
| 10 | 40 | 70 |
| Germany | 10 | 25 |
| 30 | 65 |
| U.K. | 40 | 30 | 20 |
| 90 |
| Total Disbursements | 70 | 85 | 65 | 130 |
|
Find the net cash flow in (out of) the Canadian affiliate.
a - $55,000 in
b - $15,000 out
c - $0 in or out
d - $40,000 out
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
