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Company A operates in a high inflation country. The country's General Price Index during 2016 was. Jan1, 2016. 100, Average 2016: 170, Dec31, 2016: 220.
Company A operates in a high inflation country. The country's General Price Index during 2016 was. Jan1, 2016. 100, Average 2016: 170, Dec31, 2016: 220. The exchange rate with the parent's currency during the year was: Jan 1, 2016: 1.3; Average 2016: 0.8 Dec 31, 2016:06. Revenue for 2016 was 2000. Calculate the revenue in the presentation currency under IFRS
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