Business, 31.05.2020 04:59 tdyson3p6xvtu
On November 1, 2019, Ambrose Company, a US firm, sold merchandise to a foreign customer for 100,000 FC with payment to be received on January 31, 2020. At the date of the sale, Ambrose entered into a three-month forward contract to sell 100,000 FC on January 31, 2020. The company designates the forward contract as a cash flow hedge of the foreign currency receivable. Relevant exchange rates are as follows: Date Spot Rate Forward Rate to January 31, 2020 November 1, 2019 December 31, 2019 January 31, 2020 $0.53 $0.50 $0.49 $0.52 $0.48 N/A 42. What amount should sales to credited for on November 1, 2019?
Answers: 3
Business, 21.06.2019 14:00, canyonrico05
Alex is a working professional and has managed to save a small amount of money from his earnings. he wants to invest in something that is customized to his risk appetite. which financial institution should he choose? a. hedge funds b. mutual funds c. life insurance companies d. credit unions e. pension funds
Answers: 1
Business, 22.06.2019 09:00, aubreyfoster
What should a food worker use to retrieve ice from an ice machine?
Answers: 1
On November 1, 2019, Ambrose Company, a US firm, sold merchandise to a foreign customer for 100,000...
English, 16.01.2020 01:31