Here is an example question:
Given an exchange rate of USD/CAD 0.9250 and USD/CHF 1.6250, what is the cross rate for CAD/CHF?
The answer I came up with was .5692 and here is my work:
.9250 x 1/1.6250
but instead I shouldve done .9250/1.6250
Dividing by a is the same as multiplying by 1/a. 