Chris: As of today, we've received payments from the distributor totaling P300,000. Fortunately, Pesos appreciated...

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Accounting

Chris: As of today, we've received payments from the distributor totaling P300,000. Fortunately, Pesos appreciated from 1.80 to 2.20 to the US dollar. I'm not as confident now that the business in Argentina is going to be as good as I expected.
Here are some statements related to what was just said.
Indicate whether you agree or disagree with each.
SSA should have considered hedging this receivable.
Agree
Disagree
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