Course Solutions Uncategorized (Answered) : How do companies budget and evaluate their performance with changing exchange rates?

(Answered) : How do companies budget and evaluate their performance with changing exchange rates?

How do companies budget and evaluate their performance with changing exchange rates?

Expert Answer


With changing exchange rates following changes takes place :

Reference parameter and its value gets changed.
Inflation goes up and down , and so the price of the product
This causes change in forecasted revenue of the product

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