Business, 07.05.2021 18:10 drastipatel18
On December 1, 2020, Venice Company (a U. S.-based company) entered into a three-month forward contract to purchase 1,010,000 pesos on March 1, 2021. The following U. S. dollar per peso exchange rates apply:
Date Spot Rate Forward Rate
(to March 1, 2021)
December 1, 2020 $ 0.009 $ 0.012
December 31, 2020 0.011 0.014
March 1, 2021 0.015 N/A
Ignoring present values, Which of the following correctly describes the manner in which Venice Company will report the forward contract on its December 31, 2020, balance sheet?
A. As a liability in the amount of $2,020
B. As an asset in the amount of $1,010
C. As a liability in the amount of $1,010
D. As an asset in the amount of $2,020
Answers: 2
Business, 22.06.2019 05:30
Identify the three components of a family's culture and provide one example from your own experience
Answers: 2
Business, 22.06.2019 17:10
Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)
Answers: 3
Business, 22.06.2019 20:50
Which of the following is an example of a monetary policy? a. the government requires credit card companies to protect customers' privacy. b. the government restricts the amount of money that banks can lend. c. the government lowers taxes and increases spending. d. the government pays for repairing damage from a natural disaster.
Answers: 1
Business, 22.06.2019 21:50
Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.
Answers: 1
On December 1, 2020, Venice Company (a U. S.-based company) entered into a three-month forward contr...
Health, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
History, 14.09.2020 22:01
Social Studies, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
History, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
History, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
History, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
Mathematics, 14.09.2020 22:01
English, 14.09.2020 22:01