Hendrix inc., an equipment dealer, sells equipment on january 1, 2018, to jimi company for $200,000. it agrees to repurchase this equipment from jimi company on december 31, 2019, for a price of $233,280. at 1/1/18, hendrix should )sales revenue of $200,000.(b)sales revenue of $200,000 and a liability of $33,280.(c)sales revenue of $200,000 and interest expense of $33,280.(d)a liability of $200,000.

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?