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If a U.S. firm's sales exposure in Switzerland is much lower than its cost of...

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Accounting

If a U.S. firm's sales exposure in Switzerland is much lower than its cost of goods sold exposure (this means the US firm's costs are impacted strongly by currency fluctuations while sales revenues are relatively unaffected), there is a ____ overall impact of the Swiss franc's depreciation against the dollar on ____.

Question 28 options:

negative; interest expenses

negative; gross profit

positive; interest expenses

positive; gross profit

Answer & Explanation Solved by verified expert
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