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Foreign currency rate query ?

SISyed Ibad Ur3y ago
Hello, I was going through chapter 6 notes for SBR. I came across something which is represented as Beta (?) rate, while calculating the post acquisition retained earnings. Can you elaborate where that came from? and how to calculate it.
stephenwidbergstephenwidbergTutor3y ago#1
Sorry Beta means BALANCING FIGURE If you're not sure, please come back :)
SISyed Ibad Ur3y ago#2
Thankyou. I figured it out.
stephenwidbergstephenwidbergTutor3y ago#3
:)