Question: How do I calculate the return on sales for impact of China Noah profitability changes depending on whether the IDR/CNY exchange rate follows: a) Forecast
How do I calculate the return on sales for impact of China Noah profitability changes depending on whether the IDR/CNY exchange rate follows:
a) Forecast spot rates where IDR 1 = 1 CNY
b) Forward rate quotes where IDR 1450 = 1CNY.
The exchange rate is IDR 1,344/CNY, unit price is IDR 84,090/m2.
I want to know how to calculate the %. what formula and how to fill in the variables to get the correct answer. Thanks so much!!
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