Business, 19.05.2020 19:06 salejandro68

On April 1, Quality Corporation, a U. S. company, expects to sell merchandise to a French customer in three months, denominating the transaction in euros. On April 1, the spot rate is $1.41 per euro, and Quality enters into a three-month forward contract cash flow hedge to sell 400,000 euros at a rate of $1.36. At the end of three months, the spot rate is $1.37 per euro, and Quality delivers the merchandise, collecting 400,000 euros. What are the effects on net income from

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 12:00, jybuccaneers2022

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund

Answers: 1

continue

Business, 22.06.2019 20:00, tvoalicea

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25

Answers: 1

continue

Business, 22.06.2019 21:20, alexandriacatro9419

Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.

Answers: 1

continue

Business, 23.06.2019 00:30, kia9174

Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.

Answers: 2

continue

You know the right answer?

On April 1, Quality Corporation, a U. S. company, expects to sell merchandise to a French customer i...