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    Business
  3. Study Set
    Multinational Finance
  4. Exam
    Exam 11: Managing Translation Exposure and Accounting for Financial Transactions
  5. Question
    Most Businesses Maintain Positive Net Working Capital, So a Foreign
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Most Businesses Maintain Positive Net Working Capital, So a Foreign

Question 4

Question 4

True/False

Most businesses maintain positive net working capital, so a foreign currency appreciation is more likely to be associated with a translation gain than a translation loss.

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