the first question of this viggnette asks for the cogs in USD (reporting currency) in the cogs equation purchases have a 600,000,000 real (brazilian currency) component where the ^$ did that come from? 1luv
EI = BI + P – COGS Therefore, P = EI – BI + COGS P(real) = 110m(real) - 100m(real) – 600m(real) = 610m(real)