Livingston Co.has a subsidiary in Korea.The subsidiary reinvests half of its net cash flows into operations and remits half to the parent.Livingston's expected cash flows from domestic business are $100,000 and the Korean subsidiary is expected to gen

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Livingston Co.has a subsidiary in Korea.The subsidiary reinvests half of its net cash flows into operations and remits half to the parent.Livingston's expected cash flows from domestic business are $100,000 and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year.The expected value of won is $.0012.What are the expected dollar cash flows of Livingston Co.?

A.$100,000

B.$200,000

C.$160,000

D.$60,000

正确答案：$160,000

Tag：国际金融时间：2022-02-16 20:43:09

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