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2. Aspen Skiing Company operates ski resorts across the U.S. It does its business in U.S....

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Finance

2. Aspen Skiing Company operates ski resorts across the U.S. Itdoes its business in U.S. dollars. It has nothing to do withforeign currencies. Should it worry about the value of U.S. dollar?Why?

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3.5 Ratings (544 Votes)
Since the company does its business in USA and operates resorts in USA its income and expenditure are all in US dollars Hence taking this perspective it should not worry about the value    See Answer
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Transcribed Image Text

2. Aspen Skiing Company operates ski resorts across the U.S. Itdoes its business in U.S. dollars. It has nothing to do withforeign currencies. Should it worry about the value of U.S. dollar?Why?

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