Goldisk Company began operations five years ago.The company produces and sells software.The company's primary market is in the United States,where 60% of sales occur.Ten percent of the company's sales occur in China and 30% of sales occur in Europe.Foreign sales are denominated in local currencies.Major software purchases may be paid over a one-year period.
Goldisk Company has obtained its long-term financing from U.S.,Chinese,and European banks.Approximately one-half of the loans from U.S.banks are variable-rate loans,with the remainder of the company's loans being fixed-rate obligations.
Goldisk Company has seen dramatic fluctuations in earnings during its five years of existence.
Identify the types of risk faced by Goldisk Company.

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The Answer of Goldisk Company began operations five years ago.The company produces and sells software.The company's primary market is in the United States,where 60% of sales occur.Ten percent of the company's sales occur in China and 30% of sales occur in Europe.Foreign sales are denominated in local currencies.Major software purchases may be paid over a one-year period.
Goldisk Company has obtained its long-term financing from U.S.,Chinese,and European banks.Approximately one-half of the loans from U.S.banks are variable-rate loans,with the remainder of the company's loans being fixed-rate obligations.
Goldisk Company has seen dramatic fluctuations in earnings during its five years of existence.
Identify the types of risk faced by Goldisk Company.

Goldisk Company Began Operations Five Years Ago