the exposure of a firms ongoing international transactions to exchange rate fluctuations

the exposure of a firm's cash flows to exchange rate fluctuations.

the exposure of a firm's local currency value to transactions between foreign exchange traders.

the exposure of a firm's financial statements to exchange rate fluctuations

the exposure of a firm's cash flows to exchange rate fluctuations.

the exposure of a country's economy (specifically GNP) to exchange rate fluctuations

the exposure of a firm's local currency value to transactions between foreign exchange traders

the exposure of a firm's ongoing international transactions to exchange rate fluctuations.

neither firm has any exposure

Jacko plc

the firms have about the same level of exposure

Kriner plc

exporting to foreign countries

purchasing supplies locally rather than overseas.

receiving earnings dividends from foreign subsidiaries

borrowing in a foreign currency and converting the funds to the local currency prior to the appreciation.

borrowing in a foreign country and converting the funds to the local currency prior to the depreciation.

A and B

purchasing foreign supplies.

investing in foreign bank accounts denominated in foreign currencies prior to depreciation of the local currency

benefit, because the pound value of its SF position exceeds the pound value of its DK position

be adversely affected, because the pound value of its SF position exceeds the pound value of its DK position

benefit, because the pound value of its DK position exceeds the pound value of its SF position.

be adversely affected, because the pound value of its DK position exceeds the pound value of its SF position.

favorably; favorably affected by a higher degree

favorably; unfavorably affected

unfavorably; favorably affected

favorably; favorably affected but by a smaller degree

negative; gross profit

positive; interest expenses

negative; interest expenses

positive; gross profit

£1,666,000 inflow

£150,000 outflow

£1,666,000 outflow.

£150,000 inflow.

the exposure of a firms ongoing international transactions to exchange rate fluctuations

the exposure of a firms financial statements to exchange rate fluctuations

the exposure of a firms cash flows to exchange rate fluctuations

the exposure of a firms local currency value to transactions between foreign exchange traders