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Foreign currency rate query ?

This topic has 3 replies, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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August 2, 2023 at 3:00 pm #689288
ibaaaaad
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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.
August 2, 2023 at 6:22 pm #689295
Stephen Widberg
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Sorry
Beta means BALANCING FIGURE
If you’re not sure, please come back
🙂
August 6, 2023 at 4:38 pm #689476
ibaaaaad
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Thankyou. I figured it out.
August 7, 2023 at 8:27 am #689508
Stephen Widberg
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🙂
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