Levin company entered into a forward contract to speculate in the foreign currency. it sold 100,000 foreign currency units under a contract dated november 1, 20x8, for delivery on january 31, 20x9: 11/1/20x8 12/31/20x8 spot rates $0.035 $0.037 30-da forward rate 0.034 0.036 90-day forward rate 0.033 0.035 in its income statement for the year ended december 31, 20x8, what amount of loss should levin report from this forward contract? a) $0b) $300c) $200d) $100

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum. should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?