What was the percent change in usd revenues

Assignment Help Financial Management
Reference no: EM13947476

Fissler AG, headquartered in Germany, records all of it sales worldwide in euros. Its USA division realized sales of €2,675,000 last year when the exchange rate was $1.33/€ and sales of €2,355,000 this year when the exchange rate was $1.48/€. What was the percent change in USD revenues for the USA division over the last year?

-13.99%

-11.96%

-2.03%

-20.89%

Reference no: EM13947476

Questions Cloud

The national hockey league are two-time defending stanley : The Edmonton Oilers (Canada) of the National Hockey League are two-time defending Stanley Cup champions.
Determine the value of kb for rod b : By traversing the length of each rod with a ther- mocouple, it was observed that the temperatures of the rods were equal at the positions xA = 0.15 m and xB = 0.075 m, where x is measured from the base surface. If the thermal conductivity of ro..
What was the outcome of overlooking the risks : Why do you think risks are often overlooked in Project Management? Give an example of a project you have experience with in which risks were overlooked. What was the outcome of overlooking the risks?
What was the required investment for the project : The required rate of return used for the NPV calculation was 10 percent. The project was expected to produce annual after-tax cash flows of $10,000. What was the required investment for the project?
What was the percent change in usd revenues : Fissler AG, headquartered in Germany, records all of it sales worldwide in euros. Its USA division realized sales of €2,675,000 last year when the exchange rate was $1.33/€ and sales of €2,355,000 this year when the exchange rate was $1.48/€. What wa..
Nuclear research laboratory that is contemplating leasing : You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive, high-tech equipment). The scanner costs $6,900,000, and it would be depreciated straight-line to zero ove..
Minimum power input needed to effect the soldering : Two long copper rods of diameter D = 10 mm are soldered together end to end, with solder having a melt- ing point of 650°C. The rods are in air at 25°C with a convection coefficient of 10 W/m2 · K. What is the minimum power input needed to effect ..
How the dbms handles distributed database functions : Use the Internet or computer magazines to investigate one of the following DBMSs: DB2, SQL Server, MySQL, Oracle, or Sybase
Are you excessive in saturated fat and cholesterol intake : How does your daily fat intake compare to recommendations? Are you excessive in saturated fat and cholesterol intake? State 2 ways to increase good fat sources and decrease bad fats sources in your diet

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd