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Prakhar P.
Tutor for 3 years
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Applied Mathematics
TutorMe
Question:

The period of 2 sin x cos x is

Prakhar P.
Answer:

pi

Economics
TutorMe
Question:

How do the forward rates of currencies be determined, without knowing the actual result in future. For example, 1 month forward price of 1 USD is Rs.66, & 2 month is Rs. 72. How is this determined?

Prakhar P.
Answer:

The prices are determined on the basis of inflation. The difference between the exchange rates on their base currencies, is the inflation differential of the 2 currencies.

Accounting
TutorMe
Question:

How would two companies net income be different even if they have the same operating margins, one using LIFO & the other using FIFO and why?

Prakhar P.
Answer:

The one uses LIFO will have higher net income in case of inflationary conditions due top rising prices, whereas FIFO would have higher income in case of deflationary prices.

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