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A company reports the following:
Determine the ratio of sales to assets.Round your answer to one decimal place.
Currency Market
Also known as the foreign exchange market, it's a global decentralized market for the trading of currencies.
Supply of British Pounds
The total amount of British pounds (GBP) available for transactions and investment in the currency markets.
Appreciation
An increase in the value of an asset, currency, or other financial instrument over time.
Financial and Real Assets
Financial assets refer to assets like stocks and bonds, while real assets refer to physical assets such as land, buildings, and machinery.
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