Which hedging strategy (if any) appears to underlie their hedging activities?
What are the latest FASB pronouncements dealing with currency translations?
3. Review the annual reports on the Web sites of three of the multinational companies listed in www.reportgallery.com.
a. Which types of currency exposure are these companies hedging?
b. Which hedging techniques are they using?
c. Which hedging strategy (if any) appears to underlie their hedging activities?
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