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Range of Exchange Rates Range of Possible Cash Flows (in $) Currency Cash Inflow (in fc) Low Average High Low Average High Euro 1,000,000 1.0024
| Range of Exchange Rates | Range of Possible Cash Flows (in $) | ||||||||||||
| Currency | Cash Inflow (in fc) | Low | Average | High | Low | Average | High | ||||||
| Euro | 1,000,000 | 1.0024 | 1.0616 | 1.1046 | $1,002,356 | $1,061,593 | $1,104,641 | ||||||
| Yen | 100,000,000 | 0.0082 | 0.0089 | 0.0097 | $824,013 | $890,126 | $965,834 | ||||||
| Total | $1,826,370 | $1,951,719 | $2,070,474 | ||||||||||
| What are your preliminary assessments for exchange rate risk for each cash flow?
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Auditing A Risk Based Approach
Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg
12th Edition
035772187X, 978-0357721872
