24) If a U.S. firm's cost of goods sold in Switzerland is much smaller than its sales in Switzerland, the appreciation o
Posted: Thu Dec 23, 2021 9:02 am
24) If a U.S. firm's cost of goods sold in Switzerland is much smaller than its sales in Switzerland, the appreciation of the Swiss franc has a ____ impact on the firm's (Select 1)(2.5pts) o positive; interest expenses negative; gross profit o negative; interest expenses O positive; gross profit