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Tyson Foods Annual Report Essay

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As per the 2015 Tyson Foods, Inc. Annual Report, Tyson Foods currently has foreign exchange exposure from fluctuations in foreign currency exchange rates primarily as a result of certain balances of receivables and payables. Tyson Foods accounts for its foreign currency-denominated receivables and payables by accruing its gains and losses as of the statement date. Tyson Foods currently has exposure to various foreign currencies such as Brazilian real, the British pound sterling, the Canadian dollar, the Chinese renminbi, the European euro, the Japanese yen, and the Mexican peso. Tyson Foods regularly enters into foreign exchange forward and option contracts to hedge some portion of its foreign currency exposure. A foreign currency adjustment,

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