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Assume that your company has an equity position in a French firm. Explain the condition under which the dollar/franc exchange rate uncertainty does not comprise exchange exposure for your company.
Answer: Mere changes in exchange rates do not essentially comprise currency exposure. If the French franc value of the equity moves in the reverse direction to the extent that the dollar value of the franc changes, after that the dollar value of the equity position will be insensitive to exchange rate movements. The result of it is your company will not be exposed to currency risk.
Trial Balances: If the trial balance does not result in a "0", the various records will need to be reviewed to pinpoint the spot where the unbalance occurred and any necessary
In general, what type of firm would benefit from the use of a preauthorized check system and what specific types of companies have successfully used this device to accelerate cash
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Explain why accounting profits and cash flows are not the same thing. Stock worth depends on future cash flows, their riskiness and their timing. Profit calculations don't con
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