Q. If the Indian subsidiary of a US firm has net exposed assets of Rp9,000,000 and the Indian rupee drops in value from Rp45.00/$ to Rp50.00/$, the US firm has a translation: (Solved)
1. Loss of $25,000
2. Gain of $20,000
3. Loss of $20,000
4. Gain of $25,000
- c. Loss of $20,000