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Read the case study (Daniels, Radebaugh, & Sullivan, 2018,
pp. 541-543) “H&M: The Challenges of Global Expansion and the
Move to Adopt International Financial Reporting Standards.” Answer
questions 19-3 and 19-4 at the end of the case study and the
question listed below. Your response for all three questions should
be at least two pages in length and follow APA style
guidelines.
What type of exposure could the CFO of H&M in the U.S. be
subjected to since H&M is based in Sweden and the financial
statements are prepared according to IFRS? Payments or liabilities
may also be subjected to exposure.
Explain the operational hedging strategies that may offset
exposure.
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