Assume that General Electric (GE)'s current assets are $401 billion, fixed assets are $797 billion, current liabilities
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Assume that General Electric (GE)'s current assets are $401 billion, fixed assets are $797 billion, current liabilities are $323 billion, and long-term liabilities are zero.
- Calculate GE's translation exposure using current/noncurrent
Found some people say the answer to this assignment is 0, and some say it is 78 billion. Can you help me understand which is correct, and why?
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