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You manage a McDonald's in Germany. At the beginning of the year, the exchange rate was $1 1Euro. At the end of the year, the
You manage a McDonald's in Germany. At the beginning of the year, the exchange rate was $1 1Euro. At the end of the year, the exchange rate is $1 .90Euro. You report profits of 450,000 Euros. have your profits increased in terms of dollars from the exchange rate change during the year? How much
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