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Business, 11.02.2021 04:20 tigistamare03

1. Starbright Industries, which manufactures radiators, has recently begun doing business in Japan. Its executives make a deal to export a shipment of a new type of radiator to Japan once
the product exits the production stage. The shipment will be worth one billion yen, or
approximately $9.4 million U. S. dollars.
I
a. The new product is expected to be ready within a month. However, difficulties arise and the
shipment is delayed for three months. How might this create an accounting problem in terms of
determining the value of the shipment (1 point)

B . How does this situation show the difficulty that may be a posed by implementing an international set of standards?

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Answers: 3

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