An MNC from the US has Accounts Receivable of US$ 360,000, Accounts Payable US$ 188,000. The total amount of US$ 140,000 is shown as borrowed money. The current spot rate is US$2.5000/OMR. Which one of the following is the net exposed assets in terms of OMR? O a. Net exposed assets in OMR 12,800 O b. Net exposed assets in OMR 144,000 O c. Net exposed assets in OMR 56,000 O d. None of the options
An MNC from the US has Accounts Receivable of US$ 360,000, Accounts Payable US$ 188,000. The total amount of US$ 140,000 is shown as borrowed money. The current spot rate is US$2.5000/OMR. Which one of the following is the net exposed assets in terms of OMR? O a. Net exposed assets in OMR 12,800 O b. Net exposed assets in OMR 144,000 O c. Net exposed assets in OMR 56,000 O d. None of the options
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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39-An MNC from the US has Accounts Receivable of US$ 360,000, Accounts Payable US$ 188,000. The total amount of US$ 140,000 is shown as borrowed money. The current spot rate is US$2.5000/OMR. Which one of the following is the net exposed assets in terms of OMR?
O a. Net exposed assets in OMR 12,800
O b. Net exposed assets in OMR 144,000
O c. Net exposed assets in OMR 56,000
O d. None of the options
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