Swanand

janakisri Wrote:
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> I hear you man.
>
> I'd have got that one wrong too.Never would have
> put 2-and-2 together .
>
> E=A-L , so use current rate . OK. So how about
> common stock issued at a historical rate? Is that
> not true then?
>
> Kind of hit-or-miss on some questions for me.
> Maybe I'm too literal

It is true, your common stock is translated at the current rate and your RE is mixed. CTA is your plug to force the balance sheet to balance.

NO EXCUSES