Part II:
M Company has the following export and import transactions during 20X5:
Required:
Part II:
Assume that M used forward currency contracts to manage the foreign currency risks of all of its export and import transactions during 20X5.
Required:
Prepare and submit one Excel spreadsheet for this assignment. Use the following naming convention for your file: MyNamePortfolioProjectOption1. Use Excel formulas to make or evidence each of your calculations of all dollar amounts. Do not enter any dollar amounts directly in Excel, unless it is unavoidable for obvious reasons. Use the tab function at the bottom of the Excel file to complete the assignment and to show your answers to each Requirement in each Part, separately.
You must include a minimum of six credible academic or professional references as part of your Excel document submission including the FASB Codification supporting your journal entries where appropriate.
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