Perrand translates 10,000 dollars at 0.90 euro on the date of a transaction, then the same 10,000 dollars at 0.93 euro at the closing date. What does the difference of 300 euros between the two translations represent?
Perrand translates 10,000 dollars at 0.90 euro on the date of a transaction, then the same 10,000 dollars at 0.93 euro at the closing date. What does the difference of 300 euros between the two translations represent?