The American car manufacturer Ford invests $25,000 in Detroit to manufacture a car for the French market. That Ford sells for 50,000 Euros in the France. What is the return (profit or loss on the car if the exchange rate at the time of sale is 1.2 Euro = $1 US?  

Answer rating: 100% (QA)

Heres how to calculate the return profit or loss for Ford Step 1 Convert Euros to ... View the full answer