Winston Corp., a U. S. company, had the following foreign currency transactions during 2018: (1) Purchased merchandise from a foreign supplier on July 16, 2018 for the U. S. dollar equivalent of $47,000 and paid the invoice on August 3, 2018 at the U. S. dollar equivalent of $54,000. (2.) On October 15, 2018 borrowed the U. S. dollar equivalent of $315,000 evidenced by a non-interest-bearing note payable in euros on October 15, 2019. The U. S. dollar equivalent of the note amount was $295,000 on December 31, 2018, and $299,000 on October 15, 2019. What amount should be included as a foreign exchange gain or loss from the two transactions for 2018?
A) S9,000 gain.
B) S9,000 loss
C) S14,000 gain.
D) S13,000 gain.
E) S11,000 loss

Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?

Select the correct answer. which is a benefit of planning for your future career? a. being less prepared after high school. b. having higher tuition in college. c. earning college credits in high school. d. ruining your chances of having a successful career.

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5