yospaghetti

CFAtime Wrote:
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> Would it be possible to answer this question if it
> said temporal instead of all current?
>
> Because then NI, sales and assets are all
> translated using mixed rates. Then you'd actually
> have to calculate the ratios to see if they
> changed.
>
> Is that correct?

Yea kinda depends on the question. If you were told to calculate COGS using avg rates, then NI/Sales would be the same.

But otherwise yes I would calculate all the numbers.