| 释义 |
Constant Currencies Constant CurrenciesA calculation of international sales that eliminates fluctuations in currency values. This calculation exists to make financial statements "cleaner." For example, suppose a Japanese company does most of its business in U.S. dollars. If its sales increase or decrease in dollar terms, this may or may not be reflected in yen because of changes to the exchange rate. Assuming a constant exchange rate for the financial statement helps the company accurately report information. |