If the British Subsidiary of a European Firm Has Net

question 14

Multiple Choice

If the British subsidiary of a European firm has net exposed assets of £250,000, and the pound increases in value from euro 1.40/£ to euro 1.45/£, the European firm has a translation ________.

• A) gain of euro 25,000
• B) loss of euro 25,000
• C) gain of £25,000
• D) loss of £25,000

---

Definitions:

Poisons

Substances that can cause disturbances to organisms, often by chemical reaction or other activity on the molecular scale, when an organism absorbs a sufficient quantity.

Kinase

An enzyme that catalyzes the transfer of phosphate groups from high-energy, phosphate-donating molecules to specific substrates, a process crucial in many cellular activities.

Phosphates

Inorganic chemical compounds that contain the phosphate ion, fundamental to cellular function and structural frameworks of organisms.

Cellular Respiration

Cellular respiration is the process by which cells generate ATP, the energy currency, by breaking down glucose and other food molecules in the presence of oxygen.