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Q. Foreign exchange - Maximum loss?
From Marton's point of view an adverse outcome is depreciation of the dollar against sterling as this lowers its income when converted into sterling. The most awful outcome is thus an exchange rate of US$1.60:£1.
Presently its dollar income is £5m × 1.45 = $7.25m. At US$1.60:£1 its sterling income would fall to $7.25m/1.60 = £4.53m. Therefore the worst outcome is a loss (compared to the current rate) of (£0.47m).
Q. Describe the Meaning of Financial Management? Meaning of Financial Management: - Financial management is a vital as well as an integral part of business management. It demot
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What level of profits can you earn in a perfectly competitive market and what drives markets towards perfect competition over the long run?
solution to assignement
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comparative analysis on these two food retailing giants
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