If the British Subsidiary of a European Firm Has Net

question 25

Multiple Choice

If the British subsidiary of a European firm has net exposed assets of £250,000, and the pound drops in value from €1.35/£ to €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.

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Definitions:

Ampulla

A widened portion of a canal or duct in the body.

Somatic Senses

Sensory systems that involve the reception of stimuli from the external environment or the body's surface, such as touch, temperature, pain, and proprioception.

Internal Organ Pain

Pain originating from the internal organs, often described as dull and poorly localized.

Muscular Tissue

A soft tissue found in animals which gives rise to muscles' ability to contract, thus enabling movement and force production in parts of the body.