Newhuman

Jeez tons of errors in my previous post.

They switch currency around and messed me.

Ok 1.35 CAD for 1 Dollar in 2008. last Year 1.48CAD for 1 dollar. SO YES dollar depreciated.

Which is why Q14 is A and Q15 is B. When I was taking the mock I was reading it quickly, I fell for the trap where the Parent currency is not dollars and subsidiary IS dollars.

Schweser is correct dollar has depreciated both in 14 and 15.



Edited 2 time(s). Last edit at Saturday, May 7, 2011 at 05:11PM by stingreye.