Everest sales revenue and other performance indicators

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Reference no: EM132260885

Everest Company has been exporting its line of mountain-climbing equipment to buyers worldwide for 30 years. Top markets include: France, Norway, Switzerland, India, and Japan. Customers in these countries always pay in the local currency. Everest’s vice president for international sales often states that the firm’s biggest day-to-day challenge is dealing with foreign currencies. Why do you think he says this? What are the consequences of fluctuating exchange rates for Everest’s sales revenue and other performance indicators?

Reference no: EM132260885

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