September 2023 You have been hired as a consultant for Thomas Foods Thomas Foods was incorporated in 1969

2024 Accounting Project help!! Assignment Help

You have been hired as a consultant for Thomas Foods Thomas Foods was incorporated in 1969 2023

You have been hired as a consultant for Thomas Foods. Thomas Foods was incorporated in 1969. Thomas Foods sells produce purchased from farmers to neighborhood grocery stores throughout the country. Thomas Foods has asked you to implement a hedging strategy to mitigate the risks associated with any unexpected increase in price they would have to pay farmers for their harvested crops. Thomas Foods asks that you provide examples of how various hedging strategies could be implemented. The Controller of the company has no experience in this area and would need to understand the accounting treatment for whichever hedging strategy you select. Of significant importance to management is how any hedging strategy would impact operating income. Guidelines The Research Memorandum must conform to APA format and be at least 3-5 pages in length, not including references. PowerPoint Presentation must be at least 8-10 pages/slides . The presentation will not be presented live. Please include notes as your presentation narration. Spend no more than one page describing the situation . Paper and presentation must cite authoritative bodies .

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