Board logo

标题: Book 6 Exam 2 PM Quest. #101 [打印本页]

作者: onelife1    时间: 2013-4-17 17:31     标题: Book 6 Exam 2 PM Quest. #101

How do they calculate the $109 FC translation adjustment? Do you have to convert the entire B/S? I know that exposure under the all current method is equity. I thought you would need to calculate the change in exposure (equity) by the historical rate? Help on this would be appreciated. thx
作者: meghanjackson    时间: 2013-4-17 17:31

Assets: 1700
Liabs: 300
Equity: 1400 * .85 = 1190
Existing CS: 1300 * 77 = 1001
Diff: 189
Net Income = 100 * .8 (Avg) = 80
So CTA: 189 - 80 = 109




欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) Powered by Discuz! 7.2