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:

Sexual Energy

The energy associated with sexual desires and activities.

Repressed Memories

Experiences that are unconsciously set aside because they carry a high emotional burden of stress or trauma.

Aggressive Tendencies

Traits or behaviors characterized by aggression, where individuals may exhibit hostile or violent attitudes and actions towards others.

Repression

A defense mechanism in psychoanalytic theory where distressing thoughts and feelings are unconsciously pushed out of conscious awareness.