"stover corporation, a u. s. based importer, makes a purchase of crystal glassware from a firm in switzerland for 39,960 swiss francs, or $24,000, at the spot rate of 1.665 swiss francs per dollar. the terms of the purchase are net 90 days, and the u. s. firm wants to cover this trade payable with a forward market hedge to eliminate its exchange rate risk. suppose the firm completes a forward hedge at the 90-day forward rate of 1.682 swiss francs. if the spot rate in 90 days is actually 1.615 swiss francs, how much in u. s. dollars will the u. s. firm have saved or lost by hedging its exchange rate exposure?

The balance sheet contains the following major sections: current assets long-term investments property, plant, and equipment intangible assets other assets current liabilities long-term liabilities contributed capital retained earnings accumulated other comprehensive income required: the following is a list of accounts. using the letters a through j, indicate in which section of the balance sheet each of the accounts would be classified. if an account does not belong under one of the sections listed, select "not under any of the choices" from the classification drop down box. for all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no". account classification contra or deducted (yes/no) 1. cash 2. bonds payable (due in 8 years) 3. machinery 4. deficit 5. unexpired insurance 6. franchise (net) 7. fund to retire preferred stock 8. current portion of mortgage payable 9. accumulated depreciation 10. copyrights 11. investment in held-to-maturity bonds 12. allowance for doubtful accounts 13. notes receivable (due in 3 years) 14. property taxes payable 15. deferred taxes payable 16. additional paid-in capital on preferred stock 17. premium on bonds payable (due in 8 years) 18. work in process 19. common stock, $1 par 20. land 21. treasury stock (at cost) 22. unrealized increase in value of available-for-sale securities

Adecision is made at the margin when each alternative considers

Using the smith's bbq report, the cost of wine for next week will increase by 2% from the current week. if all other cost of sales stays constant, what will be the approximate total cost of sales for next week?