Maplewood, Inc. is a U.S. manufacturing firm that produces products in the Unite
ID: 2620537 • Letter: M
Question
Maplewood, Inc. is a U.S. manufacturing firm that produces products in the United States and sells all the products in Northern Ireland. The sales are denominated in pounds. It finances a small portion of its business with pound-denominated loans from British banks. Which of the following is true? The dollar value of sales is lower if the pound appreciates. none of the options listed ?The dollar value of sales is higher if the pound depreciates against the dollar. he dollar value of sales is unaffected by the pound's exchange rate need more information
Maplewood, Inc. is a U.S. manufacturing firm that produces products in the United States and sells all the products in Northern Ireland. The sales are denominated in pounds. It finances a small portion of its business with pound-denominated loans from British banks. Which of the following is true? The dollar value of sales is lower if the pound appreciates. none of the options listed ?The dollar value of sales is higher if the pound depreciates against the dollar. he dollar value of sales is unaffected by the pound's exchange rate need more information
Maplewood, Inc. is a U.S. manufacturing firm that produces products in the United States and sells all the products in Northern Ireland. The sales are denominated in pounds. It finances a small portion of its business with pound-denominated loans from British banks. Which of the following is true? The dollar value of sales is lower if the pound appreciates. none of the options listed ?The dollar value of sales is higher if the pound depreciates against the dollar. he dollar value of sales is unaffected by the pound's exchange rate need more information
Explanation / Answer
none of the options listed
if pound appreciates, the dollar value will increase and if pound depreciates, the dollar value of sales will be lower