3) On December 16, 2019, AmeriCo, a U. S. company with fiscal year-end on December 31, purchased inventory from a company in London for 30,000 British pound sterling with payment due on February 14, 2020. The following foreign exchange rate are available: Spot Rate Forward Rate for 2/14/2020 Delivery 12/16/2019 $1.61 $1.59 12/31/2019 $1.65 $1.62 02/14/2020 $1.63 $1.62 a) On March 1, 2020 AmeriCo sold all the inventory bough from the London supplier for U. S.. $70,000. Assume that to manage foreign currency exposure on December 16, 2019, AmeriCo entered into a 60-day forward contract to purchase 30,000 euros on February 14, 2020. AmeriCo did not designate the forward contract as either a fair value hedge or a cash flow hedge. Based on the generally accepted accounting principles (GAAP) in the U. S. how much is the overall foreign currency transaction gain or loss to be reported for 2019 and 2020, combined

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of:

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: