If a foreign currency 2 denominated payable has been hedged, why is it necessary to adjust the liability for balance sheet purposes? Explain the application of lower of cost and net realizable value...

If a foreign currency 2 denominated payable has been hedged, why is it necessary to adjust the liability for balance sheet purposes? Explain the application of lower of cost and net realizable value to inventory that was purchased from a foreign supplier.



May 26, 2022
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