Torres corporation (a u. s.-based company) expects to order goods from a foreign supplier at a price of 111,000 pounds, with delivery and payment to be made on september 20. on july 20, torres purchased a two-month call option on 111,000 pounds and designated this option as a cash flow hedge of a forecasted foreign currency transaction. the option has a strike price of $1.50 per pound and costs $1,110. the spot rate for pounds is $1.50 on june 20 and $1.55 on september 20. what amount will torres corporation report as an option expense in net income for the quarter ended september 30?

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.