RE:RE:Big Gains in Foreign Exchange in Q1/23Most of not all of it is.
You will note though that I have standardized the Forex gains in 2022 to the USD.
The assumption is that whatever currency the cash was in during Q1 of 2022 , the 2023 Q1 cash was in the same currency .
That would seem to be a solid assumption as no other currency gained in value but the USD in the past year.....so where else would you store your cash ..