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Nadya [2.5K]
2 years ago
6

In the summer of 2002, the euro was valued at slightly less than US$1. By 2008, it had risen to an all-time high of $1.60, but i

n late 2017, the euro was once again slightly less than $1. This change in value is called
Business
1 answer:
Kisachek [45]2 years ago
8 0

The answer is foreign currency fluctuations.

Foreign currency fluctuations are basically the change in the values of currencies based on the demand of that currency.

In other words, the more the number of investors invests in the stocks regulated by the stock market to buy exports of any country, the more will be the value of the currency of that particular country and vice versa.

Foreign currency fluctuation occurs for all floating currencies all over the world.

Since in the given case, the value of the euro changes from US$1 to US$1.60 from 2002 to 2008 respectively.

Hence, this change in value is called Foreign currency fluctuations.

Learn more about Demand:

brainly.com/question/1245771

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The period of time before and after an IPO when communication with the public is limited is known as the ______ period.
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The period of time before and after an initial public offering (IPO) when communication with the public is limited is called the <u>quiet</u> period.

<h3>What is an IPO?</h3>

An IPO is acronym for initial public offering and it can be defined as a process through which a privately owned company (private corporation) list its shares on a stock exchange, in order to make them available for purchase by the general public.

In an initial public offering (IPO), the period of time before and after when communication with the public is limited is called the <u>quiet</u> period.

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2 years ago
Rich is the highest-paid quarterback in the league, at $5 million per season. Rich is an eight-year pro and has yet to reach the
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3 years ago
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A conventional cash flow pattern associated with capital investment projects consists of an initial outflow followed by:______.
Travka [436]

A conventional cash flow pattern associated with capital investment projects consists of an initial outflow followed by a number of inflows over a period of time.

Investing is dedicating an asset to obtain an increase in cost over a time period. Making funding calls for sacrificing your contemporary assets including time, cash, and effort. In finance, the cause of investment is to generate and make the most of the assets invested

An investment is an asset or item bought for income or capital appreciation. Valuation refers back to the boom in the value of an asset over time. while a person purchases a very good as an funding, the intention isn't to devour the good, however, to use it to create wealth inside the destiny.

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4 0
2 years ago
Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha
Svetach [21]
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4 0
3 years ago
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All of Gaylord Corporation's sales are on account. Thirty-five percent of the sales on account are collected in the month of sal
UNO [17]

Answer:

The correct option is D

Cash collected in March = $51,000

Explanation

<em>The total cash coming for March would be determined as follows:</em>

Month of sales = 45% of march sales =(35%×  40,000)   = 14,000

Month following month of sales = 45%× February sales = 45%×60,000=27,000

Second month after sales = 20% × January sales = 20%× 50,000= 10,000

Total cash for march = 14,000 + 27,000  +10,000 = 51,000

8 0
4 years ago
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