You are the Director of Finance at BlueKay Enterprises. You barely had enough time to eat your breakfast sandwich when the VP of Finance (your boss) calls you in for an emergency meeting. He tells you that your company has entered a contract to sell 20 Trucks to RedDox ( @ $12,000 USD per Truck), An American company based out of Massachusetts. Your boss is extremely concerned about the foreign exchange risk related to this contract. Bluekay Enterprise is a Canadian Controlled Private Corporation that does all its transaction & reporting in Canadian dollars. Your boss tells you that the Trucks are to be delivered in 180 days, and the payment will be received immediately thereafter. You recommend Bluekay Enterprises
You are the Director of Finance at BlueKay Enterprises. You barely had enough time to eat your breakfast sandwich when the VP of Finance (your boss) calls you in for an emergency meeting. He tells you that your company has entered a contract to sell 20 Trucks to RedDox ( @ $12,000 USD per Truck), An American company based out of Massachusetts. Your boss is extremely concerned about the foreign exchange risk related to this contract. Bluekay Enterprise is a Canadian Controlled Private Corporation that does all its transaction & reporting in Canadian dollars. Your boss tells you that the Trucks are to be delivered in 180 days, and the payment will be received immediately thereafter. You recommend Bluekay Enterprises
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