A company receives interest on a $86000, 8%, 5-year note receivable each April 1. At December 31, 2017, the following adjusting entry was made to accrue interest receivable: Interest Receivable5160 Interest Revenue 5160 Assuming that the company does not use reversing entries, what entry should be made on April 1, 2018 when the annual interest payment is received

You are the cfo of a u. s. firm whose wholly owned subsidiary in mexico manufactures component parts for your u. s. assembly operations. the subsidiary has been financed by bank borrowings in the united states. one of your analysts told you that the mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. what actions, if any, should you take