1. Discuss different policies of currency valuation and strategies for mitigating exchange risk.
please include references for further reading.
2. If sales equals $890,400, gross profit equals $220,475, inventory $108,600, accounts receivable equals $119,600, and accounts payable $102,700, what is the cash conversion cycle in days?
3. Why is the number "1" added to each rate in the average annualized compounded return formulas? To account for the original investment amount. To eliminate negative rates. To account for dividends.