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Provide the entries required the turbine inc ship

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Reference no: EM132601870

Background

H operates and maintains a number of power stations and dams throughout the State of Tasmania. A lot of the specialised parts that are required to maintain or refurbish this plant and equipment come from overseas countries.

In order to minimise fluctuations in the exchange rates, H enters into hedge contracts.

Problem 1: provide the entries required the Turbine Inc. ship the Turbine on 1 April, the exchange rate on 1 April is 0.55. Turbine Inc. also issue an invoice to HT on 1 April.

Reference no: EM132601870

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