On december 15 of last year duster inc. entered into a forward contract to purchase 100,000 yen in sixty days. the relevant exchange rates are as follows: date forward rate 2/1511/15 $0.0075 $0.008612/15 $0.0081 $0.008312/31 $0.0089 $0.00852/15 $.0084 $0.0084duster entered into the forward contract to hedge a purchase of inventory made on november 15 payable on february 15 of the next year. at december 15 of last year what is the fair value of this forward contract? (for purposes of this exercise, use a present value factor of 1.)a) $ 810b) $ 830c) $ 860d) $ 20e) $ - 0
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Business, 22.06.2019 00:50
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Business, 22.06.2019 11:00
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Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
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On december 15 of last year duster inc. entered into a forward contract to purchase 100,000 yen in s...
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