Sentences with phrase «foreign sales converting»
Finally, don't forget that 25 % of General Dynamics» sales come from overseas, which exposes a fair portion of its sales, earnings, and cash flow growth to the risks of a strong dollar (resulting in foreign sales converting to less U.S. dollars).
https://www.simplysafedividends.com/ Not exact matches
Retailers who accept payment in foreign currencies from foreign buyers understand currency risk: the prospect ending up with fewer dollars than anticipated if the foreign currency depreciates against the dollar before the sales proceeds are converted to dollars.
In other words, to properly report a gain (loss) on a foreign property, you would convert the proceeds to Canadian dollars using the exchange rate on the date of sale and compare that to the adjusted cost base (ACB) or tax cost of the property using the foreign exchange rate on the date of purchase of the property.