Question
Fissler AG, headquartered in Germany, records all of it sales worldwide in euros. Its USA division realized sales of 2,675,000 last year when the exchange
Fissler AG, headquartered in Germany, records all of it sales worldwide in euros. Its USA division realized sales of 2,675,000 last year when the exchange rate was $1.33/ and sales of 2,355,000 this year when the exchange rate was $1.48/. What was the percent change in USD revenues for the USA division over the last year?
| -13.99% |
| -11.96% |
| -2.03% |
| -20.89% |
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The Evolution Of Finance
Authors: Barbara Guth
1st Edition
1633377261, 978-1633377264
