International finance, Assuming a company is concerned

International finance

Assignment Help Business Management

Reference no: EM132918975

1. You've heard your professor state that Translation risk and related Translation adjustments are accounting entries and may not be accorded much significance by some companies even if the dollar impacts are material.

a. What is Translation risk and why might companies look at it differently?

b. Assuming a company is concerned about it what potentially strategy or strategies could you recommend mitigating the exposure?

2. Assume you are in the manufacturing business here in the US, and your Company exports most of its products overseas. Assume the US Dollar strengthens against many of the key the currencies of the countries into which you sell your products, and that seems to be a condition that will exist for some time.

a. How might that exchange rate move impact your Company and why would that be so?

b. What long term strategy might help your Company mitigate the impacts of the exchange rate shift and why might it be effective?

Reference no: EM132918975

Questions Cloud

Discuss primary elements of international strategy. : Discuss the primary elements of International Strategy. Describe a situation in each of the elements.

How much is the total interest paid for the debt : How much is the total interest paid for the debt? How much is the interest paid on the 3rd payment? Journalize the payment made on the 4th payment period.

Different types of business plans : Evaluate the different types of business plans you learned about in the article The Different Types of Business Plans

What are the implications for abc ltd financial statements : What are the implications of the above situation for ABC Ltd's financial statements? The state government where the area of interest is located has attached.

International finance : Assuming a company is concerned about it what potentially strategy or strategies could you recommend mitigating the exposure?

Identify and explain the possible circumstances : For each of the audit procedure above, identify and explain the possible circumstances where the audit procedure may not have achieved objective

What would the journal entry be to account for the sale : If the company received $5,350,000 in cash for the robotic machine what would the journal entry be to account for the sale of the robotic assembly machine

Provide journal entries that would need to be made in books : Provide the journal entries that would need to be made in the books of Corona Ltd to account for the above transaction for the year ending 30 June 2021

How can be right when all these research and development : How can this be right when all these research and development costs are design costs? Please justify this with reference to relevant accounting standards.

User Account

All Pages