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Question - Sunshade Company has purchased a number of awnings from a company in the UK, with payment due 3 months from today. The payment due is $130,000. The Canadian dollar and British pound rate is currently 1.9857 and the three month CS/E forward rate is 1.9968. If Sunshade Company hedges their foreign currency risk with a forward contract advise the company.
a. How much they will have to pay in three months in Canadian dollars?
b. How much would they have to pay today?
1. what is the purpose of an audit performed by a cpa?2. do audits signify to financial statement users
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Problem: Mike Greenberg opened Clean Window Washing Inc, on July 1, 2014.During July, the following transaction were completed.
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