Jerber electronics inc. sold electrical equipment to a dutch company for 68,000 guilders (g) on may 14, with collection due in 60 days. on the same day, jerber entered into a 60-day forward contract to sell 68,000 guilders at a forward rate of g1 = $0.557. the forward contract is not designated as a hedge. jerber's fiscal year ends on june 30. the forward rate on june 30 for an exchange on july 13 is g1 = $0.524. the spot rates follow:

What is the sequence of events that could lead to trade surplus

Question 55 ted, a supervisor for jack's pool supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. given ted's earlier track record, he was not fired immediately. the authorities decided to give him an administrative leave, without pay, until the investigation was complete. in view of the given information, it would be most appropriate to say that ted was: demoted. discharged. suspended. dismissed.

Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.