Tutor profile: Prakhar P.
Subject: Applied Mathematics
The period of 2 sin x cos x is
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?
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.
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?
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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