If the British Subsidiary of a European Firm Has Net

question 39

Multiple Choice

If the British subsidiary of a European firm has net exposed assets of £250,000, and the pound drops in value from €1.40/£ to euro 1.30/£, the European firm has a translation ________.

• A)gain of €12,500
• B)loss of €12,500
• C)loss of £12,500
• D)gain of £12,500

---

Definitions:

Spelling and Grammar

This term denotes the rules and structure of a language, including the correct arrangement of words and the accurate use of letters in writing.

Personal Media Sites

Websites or platforms where individuals can create and share content, often personal thoughts, opinions, or experiences.

Witty Headlines

Catchy and clever titles designed to grab attention and entice readership.

Audience-focus Message

A message tailored to the interests, needs, or expectations of the intended audience, ensuring greater engagement and effectiveness.