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Financial Reporting
Hi Sir, In this problem, Please confirm if my understanding is correct If forward contract was entered, then we would incur a loss of Rs 5 per USD If forward contract not entered (as in question), we will have a profit of Rs 5 per USD. But in either case, the value of Sales/ Revenue will be at 55 only. (Agreed Forward Rate / Forward Rate) Please correct me if I am wrong. Video Details Financial Instruments - FR Comprehensive Illustrations 4. Illustration 17
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