if get 2008 and 2007 operating income. have 2008 and 2007 average exchange rate. when calculate operational effect, why use 2007 average exchange rate? i thought it should be 2008 average exchange rate. thanks. what is the philosophy behind it? thanks.
nobody has any comments on this? Thanks. hw0799 Wrote: ------------------------------------------------------- > if get 2008 and 2007 operating income. have 2008 > and 2007 average exchange rate. > when calculate operational effect, why use 2007 > average exchange rate? i thought it should be 2008 > average exchange rate. thanks. > > what is the philosophy behind it? thanks.
you seem to be reading old books, so go ahead and refer to them. no comprendo - operational effect.
Oh snap