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?

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:39 pm
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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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