Business

Business

Tuesday, June 9, 2015

In Class Learning

A constant currency rate is an exchange rate that eliminates the effects of exchange rate fluctuations and that is used when calculating financial performance numbers. (http://www.investopedia.com/terms/c/constantcurrencies.asp) Today we learned about constant currency and how it works. We also learned about what Mcdonalds looks at for its companies rates.I would like to know how companies like this record all of these numbers.

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