Business, 18.04.2020 04:30 nathangirnet

Williams, Inc., a U. S. company, has a Japanese yen account receivable resulting from an export sale on March 1 to a customer in Japan. The exporter signed a forward contract on March 1 to sell yen and designated it as a cash flow hedge of a recognized receivable. The spot rate was $.0094, and the forward rate was $.0095.
Which of the following did the U. S. exporter report in net income?

A) Discount revenue.
B) Premium revenue.
C) Discount expense.
D) Premium expense.
E) Both a discount revenue and a premium expense.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 23.06.2019 06:30, samlolomg123

What did surprise you in personalities

Answers: 1

continue

Business, 23.06.2019 08:00, michellebreshears451

Whom do progressive taxes assess? a. only a large percentage of high-income households b. only a large percentage of organizations c. a large percentage of high-income households and organizations d. a large percentage of low-income households e. a small percentage of high-income households

Answers: 1

continue

Business, 23.06.2019 10:00, Jgrant2343

At the beginning of each month, desmond receives a written statement from his bank containing all the transactions processed on his checking account for the previous month desmond compares his check register to this bank statement. this comparison is known as your account. a. confirming b. reconciling c. comparing d. finalizing

Answers: 1

continue

Business, 23.06.2019 19:30, jeanniebyrd54

Under what circumstances might you be protected by the equal credit opportunity act?

Answers: 1

continue

You know the right answer?

Williams, Inc., a U. S. company, has a Japanese yen account receivable resulting from an export sale...