Question 3 Swedish Trading Company LLC is vehicle importers in Oman. On 1" November 2020 they imported 250 vehicles from United Kingdom. The total invoice value for the imports is GBP 475,000. Swedish Trading Company LLC has been granted 3 months credit to settle the invoice to the UK supplier. As such, on 31 January 2021, the exchange rate for the above dates are given below. 1st November 2020 31" January 2021 1 GBP = OMR 0.500 1 GBP = OMR 0.480 You are required to answer the following questions based on the above scenario. a. Discuss the implication of foreign exchange differences arising between the date of invoice and date of settlement for Swedish Trading Company LLC? (Note: You need to briefly explain within 100 words) (10 marks) b. Calculate the foreign exchange gain or loss for Swedish Trading Company LLC by settling the transaction on 31.01.2021 instead of settling on 1" November 2020? Show your working clearly (10 marks)