Fissler ag headquartered in germany records all of it sales, Financial Management

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Fissler ag headquartered in germany records all of it sales

Fissler AG, headquartered in Germany, records all of it sales worldwide in euros. Its USA division realized sales of €2,675,000 last year when the exchange rate was $1.33/€ and sales of €2,355,000 this year when the exchange rate was $1.48/€. What was the percent change in USD revenues for the USA division over the last year?

-13.99%

-11.96%

-2.03%

-20.89%

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Financial Management: Fissler ag headquartered in germany records all of it sales

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