An important component of this course is providing you with a challenge to learn about (researching) and develop a solution to a problem that has not been covered in class. This is what happens every day in the real world. New problems pop up and the manager has to get as much information as possible about the problem (research) and then develop a solution to the problem- usually in a short period of time. Because there is a lot of material to be covered in this class and we had to spend the first two weeks refreshing our knowledge of basic accounting, we will combine the course project with an important textbook chapter that we did not have time to cover in class. Chapter 18. International Aspects of Financial Management After you have reviewed Chapter 18, go to the end of the chapter and read the case on page 615 - S&S Air Goes International Carefully work through the analysis of the companys decision by answering the questions at the end of the case. and prepare a report to management. State your recommendations and explain clearly why you are making each recommendation. Make use of a database available through the LIRN system to discuss foreign exchange issues. Include this as a reference.