Question: Consider the following information for Sweet Co . , a U . S . - based company in the candy business. Choose the appropriate type
Consider the following information for Sweet Co a USbased company in the candy business. Choose the appropriate type of exposure based on the situation.
Sweet buys a foreign company which it consolidates into its accounts each quarter using average exchange rates
Sweet is producing a large order of customized candy canes for the inauguration party of the president of a foreign country. The price is in foreign currency
Sweet buys sugar from around the world for its US candy sales, but the sugar is priced in USD.
Sweet's main competitor is another US company that also buys sugar around the world, but pays for it in the local currency of the supplier.
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