Question 2 is then sold in South Africa. Exclusive Gifts has a srican retailer. It imports trading stock from suppliers in London. This trading stock supplier in London. The cost price of the tras a 31 March financial year-end. Exclusive Gifts ordered trading stock from a trading stock was 16650 (inclusive of shipping costs of 1650 ). The trading stock supplier, the account had to be senuary 2022. It arrived in South Africa on 23 January 2022. In terms of an agreement with the hedge itself against currency ffue settled in full on 10 April 2022. All the trading stock was stillon hand on 31 March 2022. To this FEC, Exclusive Giffs a fuctuations, Exclusive Gifts entered into a forward exchange contract (FEC) with a bank. In terms of 31 March 2022. the markt a to purchase 16 650 from the bank on 10 April 2022 at a forward rate of 1:R19,30. (On