The Following Table Provides Nominal Exchange Rates for the U

question 136

Multiple Choice

The following table provides nominal exchange rates for the U.S. dollar. $$\begin{array} { | c | c | c | } \hline \multicolumn{1}{|c|} { \text { Cauntry } } & \text { Fareign currency/dallar } & \text { Dollar/foreimn currency } \\\hline \text { Bwitzerlard (frarc) } & 1.730 & 0.578 \\\hline \text { Brazil (real) } & 1.821 & 0.549 \\\hline\end{array}$$  
Based on these data, the nominal exchange rate equals approximately ________ reals per Swiss franc or, equivalently, ________ Swiss francs per real.

• A)1.053; 0.950
• B)0.950; 1.053
• C)0.282; 3.551
• D)3.551; 0.282

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Definitions:

Regular Dividends

Regular dividends are distributions of profit that a company decides to share with its shareholders on a recurring basis, typically quarterly or annually.

Stockholders' Equity

The remaining value of a corporation's assets after all liabilities have been subtracted, signifying the shareholders' ownership stake.

Comprehensive Income

All changes in stockholders’ equity during a period, except those resulting from dividends and stockholders’ investments.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income or loss over a specified period.