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Dear Sir,
I dont understand why the expected ARD/JPY conversion spot rate was in 12 months?
0.70 x 1.09/1.015 = 0.75
I thought it supposed to be in 6 months?Could you explain this?
Although the proceeds are received in 6 months time, the question says that it is another 6 months before they are needed for the project – so 12 months in total.
Thank you four reply.
Another Q, why there is another additional tax payable for Airone to be worked out? This has been shown in W3.
The tax in Airone has been calculated in the CF in ARD itself.
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