Business, 31.05.2020 04:59, tdyson3p6xvtu

On November 1, 2019, Ambrose Company, a US firm, sold merchandise to a foreign customer for 100,000 FC with payment to be received on January 31, 2020. At the date of the sale, Ambrose entered into a three-month forward contract to sell 100,000 FC on January 31, 2020. The company designates the forward contract as a cash flow hedge of the foreign currency receivable. Relevant exchange rates are as follows: Date Spot Rate Forward Rate to January 31, 2020 November 1, 2019 December 31, 2019 January 31, 2020 $0.53 $0.50 $0.49 $0.52 $0.48 N/A 42. What amount should sales to credited for on November 1, 2019?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 18:10, Karumbafaith

Classifying inflows and outflows of cash classify each of the following items as an inflow (i) or an outflow (o) of cash, or as neither (n). lg 2 lg 2 item change ($) item change ($) cash +100 accounts receivable −700 accounts payable −1,000 net profits +600 notes payable +500 depreciation +100 long-term debt −2,000 repurchase of stock +600 inventory +200 cash dividends +800 fixed assets +400 sale of stock +1,000

Answers: 1

continue

Business, 22.06.2019 19:30, darkremnant14

Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?

Answers: 3

continue

Business, 23.06.2019 02:00, alexbrafford

Abc electronics wants someone to install a top-of-the-line security system in its two buildings, a system that not only sounds an alarm but also simultaneously notifies authorities and the company president. video surveillance of the premises should also be a capability of the security system. n order to obtain price quotes, what should the company write? a. an unsolicited proposal b. an internal proposal c. an external proposal d. a request for proposals

Answers: 3

continue

Business, 23.06.2019 02:30, naruto63

Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan. the sedans are sold through the cadillac dealer network, but the high-performance version is sold in limited volumes and is not available at all dealers. this difference in availability is an example of how the products within the cadillac portfolio are differentiated by the

Answers: 3

continue

Do you know the correct answer?

On November 1, 2019, Ambrose Company, a US firm, sold merchandise to a foreign customer for 100,000...