Question: Table 2 reports the average exchange rate each year. QUESTION 3: How many percent does UK subsidiary contribute to the total profit in 2016-2017 period?
Table 2 reports the average exchange rate each year.
QUESTION 3: How many percent does UK subsidiary contribute to the total profit in 2016-2017 period? QUESTION 5: What subsidiary has profit in USD increasing over time? All answer must be rounded to 4-number after decimal place
| Profit in local currency | |||||
| Subsidiary | Mexico | British | Germany | Chile | United States |
| Profit | MXN | GBP | EUR | CLP | USD |
| 2016 | 29,000,000 | 1,500,000 | 1,000,000 | 200,000,000 | 1,200,000 |
| 2017 | 30,000,000 | 1,000,000 | 1,200,000 | 320,000,000 | 1,000,000 |
| 2018 | 31,000,000 | 2,000,000 | 1,200,000 | 360,000,000 | 1,000,000 |
| Exchange Rate | |||||
| USD1= | GBP1= | EUR1= | USD1= | USD1= | |
| 2016 | 17 | 1.3 | 1.12 | 657 | 1 |
| 2017 | 19 | 1.28 | 1.11 | 600 | 1 |
| 2018 | 21 | 1.25 | 1.2 | 700 | 1 |
please show work. DO NOT COPY ANSWERS FROM CHEGG. THEY ARE WRONG.
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