--00000000000037eec605e913b8ba Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Agree and Brian had stated we would set it at the beginning of year and leave it as is for year. In this case can we set it for Q4 and leave it until the end of year and then start fresh at whatever it is Jan 1 2023 for the year please. On Mon, Sep 19, 2022 at 9:48 AM Mitch Belitz wrote: > I agree with a CAD revenue goal, but that's up to Chen. If a CAD revenue > goal is not possible, I recommend a fixed/constant exchange rate. > > Mitch > > > > On Mon, Sep 19, 2022 at 6:22 AM Timothy Thomas wrote: > >> Hi Mitch, >> >> For the sake of our revenue targets, we would need a consistent exchange >> rate if we are to report in $USD. Our team should not be penalized when = the >> Canadian dollar drops, same goes for the inverse. As per Chen's Q4 goal = and >> our summer peak revenue of $596k USD, I would need to know the exact >> exchange rate applied. Conversely, it might be easier for us to be measu= red >> against a $CAD revenue goal. Please advise. >> >> Thanks >> >> On Sun, Sep 18, 2022 at 10:19 PM Mitch Belitz >> wrote: >> >>> Chen, accounting uses a different rate for each day that there is a >>> transaction in Canadian dollars. >>> >>> >>> >>> On Sun, Sep 18, 2022 at 7:16 PM Chen Xie wrote: >>> >>>> Thanks Mitch can you confirm that=E2=80=99s the rate accounting has be= en using >>>> the past few months and will continue to use through EOY >>>> >>>> On Sep 18, 2022, at 6:49 PM, Mitch Belitz >>>> wrote: >>>> >>>> =EF=BB=BF >>>> Hi Chen, >>>> >>>> I would use the current spot rate at $1.00 USD to $0.75 CAD. >>>> >>>> Mitch >>>> >>>> >>>> On Wed, Sep 14, 2022 at 11:48 AM Chen Xie wrote: >>>> >>>>> Please let us know the exchange rate finance used for Canadian to USD >>>>> >>>>> Sent from my iPhone >>>>> >>>>> On Sep 14, 2022, at 11:31 AM, Timothy Thomas wrote: >>>>> >>>>> =EF=BB=BF >>>>> Hi Chen, >>>>> >>>>> Could you please confirm the exchange rate used so that I can tell my >>>>> team what our $CAD revenue goals are. >>>>> >>>>> Thanks >>>>> Tim >>>>> >>>>> On Tue, Sep 13, 2022 at 5:27 PM Chen Xie wrote: >>>>> >>>>>> All, >>>>>> >>>>>> Please see attached the 2022 Q4 Goals content from today. Following >>>>>> this, all future communication on this will be personalized to each = region. >>>>>> Feel free to ask me any questions directly about program design, CCi= ng >>>>>> Melissa or Angie if relevant. If it's a generic question for the gro= up, and >>>>>> you feel others may benefit, feel free to use this chain as well. >>>>>> >>>>>> Strictly, no material on this chain may be shared outside of this >>>>>> distribution group, in electronic, printed, or quoted form. >>>>>> >>>>>> Best, >>>>>> Chen >>>>>> >>>>>> >>>>>> -- >>>>>> >>>>>> >>>>>> *Chen Xie*CSO | >>>>>> *TheKey*650-208-2390 >>>>>> [image: TheKey] >>>>>> >>>>> -- >>>>> Tim Thomas >>>>> Head of Canada Division >>>>> *Please note my email has changed:* >>>>> tt@TheKey.com >>>