On june 1, camco received a signed agreement to sell inventory for ¥500,000. the sale would take place in 90 days. camco immediately signed a 90-day forward contract to sell the yen as soon as they are received. the spot rate on june 1 was ¥1 =$.004167, and the 90-day forward rate was ¥1 = $.00427. at what amount would camco record the forward contract on june 1? a. $2,083.b. $0.c. $2,110.d. $2,532.e. $2,135.

The maximum tax rate on estates and gifts

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.

Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?