subject
Business, 07.11.2019 05:31 castilloitc1120

Belsen purchased inventory on december 1, 2015. payment of 100,000 stickles was to be made in sixty days. also on december 1, belsen signed a contract to purchase §100,000 in sixty days. the spot rate was §1 = .35714, and the 60-day forward rate was §1 = $.38462. on december 31, the spot rate was §1 = .34483 and the 30-day forward rate was §1 = .38168. assume an annual interest rate of 8% and a fair value hedge. the present value for one month at 8% is .9901.in the journal entry to record the establishment of a forward exchange contract, at what amount should the forward contract account be recorded on december 1? $0, since there is no cost there is no value for the contract at this date.$71,428.$588.$582.none of the above.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:30
Eagle sporting goods reported the following data at july ​31, 2016​, with amounts adapted in​ thousands: ​(click the icon to view the income​ statement.) ​(click the icon to view the statement of retained​ earnings.) ​(click the icon to view the balance​ sheet.) 1. compute eagle​'s net working capital. 2. compute eagle​'s current ratio. round to two decimal places. 3. compute eagle​'s debt ratio. round to two decimal places. do these values and ratios look​ strong, weak or​ middle-of-the-road? 1. compute eagle​'s net working capital. total current assets - total current liabilities = net working capital 99400 - 30000 = 69400 2. compute eagle​'s current ratio. ​(round answer to two decimal​ places.) total current assets / total current liabilities = current ratio 99400 / 30000 = 3.31 3. compute eagle​'s debt ratio. ​(round answer to two decimal​ places.) total liabilities / total assets = debt ratio 65000 / 130000 = 0.50 do these ratio values and ratios look​ strong, weak or​ middle-of-the-road? net working capital is ▾ . this means ▾ current assets exceed current liabilities current liabilities exceed current assets and is a ▾ negative positive sign. eagle​'s current ratio is considered ▾ middle-of-the-road. strong. weak. eagle​'s debt ratio is considered ▾ middle-of-the-road. strong. weak. choose from any list or enter any number in the input fields and then continue to the next question.
Answers: 3
question
Business, 22.06.2019 06:00
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
Answers: 2
question
Business, 22.06.2019 09:40
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
question
Business, 22.06.2019 23:30
Sally has a high-paying management position with a fortune 500 company, but she is tired of working for corporate america. so sally has decided to start a business, and she knows she will be successful as an entrepreneur because entrepreneurs typically
Answers: 3
You know the right answer?
Belsen purchased inventory on december 1, 2015. payment of 100,000 stickles was to be made in sixty...
Questions
question
Mathematics, 02.11.2020 09:30
question
Mathematics, 02.11.2020 09:30
question
Mathematics, 02.11.2020 09:30
question
Arts, 02.11.2020 09:30
Questions on the website: 13722367