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and Canada. All production is in the US, how out of the US plant. All sales to Canadian custom Dollars which tszer, so both US
and Canada. All production is in the US, how out of the US plant. All sales to Canadian custom Dollars which tszer, so both US and Canadian sales orders are filled o-based firm that sells its products in thes You are the CFO of Grossinator Corp., owever, s nvoiced nadians specif ing a substantial amount of its component Separately, Grossinator Corp. has recently begun buyinea variety of Canadian suppliers. Grossinator pyent in Canadian Dollars. payment in Canadiarn Corp.receives invoices for its purchases requiring Grossinator Corp.'s Dollars, eceives Cm The Board of Directors of Grossinator Co the CAD/USD exchange rate. This is because Canadiansalce Corp. sales) have been growing rapidly. the rp. is becoming concerned about its exposure purchased from Canadian suppliers. In fact, thmount frcentage of oture r Canadian parts purchases are about the sa an sales (as ebis So has the amount of component parts inventories regarding the amount of sales to customers in Canada and monthly amount. n any steps to mitigate or hedge these risks, most likaely til now, the company has not taken to mitigate t understand them. The Board has slotted you f Up un subject to educate them about these risks What do you tell the Board of Directors? because they really don't understand them. The Board haite or hedge these rib or a presentation on this
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