Wolseley PLC has a net loss of 45,831 on sales of 198,352 (both in thousands of pounds).

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Wolseley PLC has a net loss of £45,831 on sales of £198,352 (both in thousands of pounds). Does the fact that these figures are quoted in a foreign currency make any difference? Why? What was the company’s profit margin? In dollars, sales were $314,883. What was the net loss in dollars?

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Fundamentals Of Corporate Finance

ISBN: 9781259654756

10th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway

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