Business, 24.10.2019 02:30 Lizzyloves8910
On november 1, 2017, bernard company (a u. s.-based company) sold merchandise to a foreign customer for 230,000 fcus with payment to be received on april 30, 2018. at the date of sale, bernard entered into a six-month forward contract to sell 230,000 fcus. the company properly designates the forward contract as a cash flow hedge of a foreign currency receivable. the following exchange rates apply:
Answers: 2
Business, 22.06.2019 03:00, brodybb5515
Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance
Answers: 1
Business, 22.06.2019 13:10, kell22wolf
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Business, 22.06.2019 19:50, lucky1940
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
Answers: 2
On november 1, 2017, bernard company (a u. s.-based company) sold merchandise to a foreign customer...
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