Nod corp. (a u. s.-based company) sold parts to a hong kong customer on december 15 with payment of 100,000 hong kong dollars to be received in thirty days on january 15. the following exchange rates apply: spot forward rate 1/1512/15 $0.15 $0.1612/31 $0.16 $0.171/15 $0.17 $0.18assuming no forward contract was entered into, how much foreign exchange gain or loss should nod report on its december 31 income statement with regard to this transaction? (for purposes of this exercise, use a present value factor of 1.)a) no gain or lossb) $1,000 lossc) $3,000 lossd) $1,000 gaine) $3,000 gain

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?

Juniper company, inc. uses a perpetual inventory system. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 16, it paid the full amount due. the correct journal entry to record the payment on august 16 is:

Blake edwards has done some research and has discovered that economists believe interest rates will rise significantly over the next two years. blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. this is an example of influencing jobs in the future.