Which of the following is an example of a foreign currency transaction
A. A U.S. company sells goods to a Canadian customer and receives payment in Canadian dollars.
B. A U.S. company buys inventory from a Mexican supplier and pays in U.S. dollars.
C. A U.S. company invests in a French subsidiary and receives dividends in euros.
D. All of the above.
Answer:D
Which of the following is an example of a foreign currency transaction
A. A U.S. company sells goods to a Canadian customer and receives payment in Canadian dollars. B. A U.S. company buys inventory from a Mexican supplier and pays in U.S. dollars. C. A U.S. company invests in a French subsidiary and receives dividends in euros. D. All of the above.