Business
Business, 09.12.2019 18:31, nuggetslices

On october 1, 2018, eagle company forecasts the purchase of inventory from a british supplier on february 1, 2019, at a price of 100,000 british pounds. on october 1, 2018, eagle pays $1,800 for a three-month call option on 100,000 pounds with a strike price of $2.00 per pound. the option is considered to be a cash flow hedge of a forecasted foreign currency transaction. on december 31, 2018, the option has a fair value of $1,600. the following spot exchange rates apply: date spot rate october 1, 2018 $2.00 december 31, 2018 $1.97 february 1, 2019 $2.01

(a.) what journal entry should eagle prepare on october 1, 2018?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 09:20, eelebron0905
Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.
Answers: 1
image
Business, 22.06.2019 12:30, sloane50
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
image
Business, 22.06.2019 20:00, pickles3233
What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.
Answers: 3
image
Business, 22.06.2019 20:30, destinyd10189
Before the tools that have come from computational psychiatry are ready to be used in everyday practice by psychiatrics, what is needed
Answers: 1
Do you know the correct answer?
On october 1, 2018, eagle company forecasts the purchase of inventory from a british supplier on feb...

Questions in other subjects:

Konu
Mathematics, 22.09.2019 03:10