On june 1, camco received a signed agreement to sell inventory for ¥500,000. the sale would take place in 90 days. camco immediately signed a 90-day forward contract to sell the yen as soon as they are received. the spot rate on june 1 was ¥1 =$.004167, and the 90-day forward rate was ¥1 = $.00427. at what amount would camco record the forward contract on june 1? a. $2,083.b. $0.c. $2,110.d. $2,532.e. $2,135.
Answers: 1
Business, 22.06.2019 02:20, Shaynnn6292
The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?
Answers: 3
Business, 22.06.2019 22:50, maria241432
For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?
Answers: 1
On june 1, camco received a signed agreement to sell inventory for ¥500,000. the sale would take pla...
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