Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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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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