Question: required asap please answer if u know a 21. Assume a US company has three subsidiaries in Canada, Germany, and the UK. Assume they have
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please answer if u know
a 21. Assume a US company has three subsidiaries in Canada, Germany, and the UK. Assume they have the following inter-company payments to be settled in near future. All amounts are in millions. Demonstrate the multilateral netting using tabular method and arrive at the savings in terms of amount and number of transactions. US GERMANY UK CANADA US $10.00 $40.00 $20.00 GERMANY $35.00 $20.00 $10.00 UK $60.00 $30.00 $40.00 CANADA $30.00 $25.00 $30.00 Interpretations: US to pay Germany $10 million. UK $40 million, and Canada $ 20 million and so on
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