subject
Business, 07.05.2020 12:58 TheCampingStone

On November 1, 2019, Ambrose Company, a US firm, sold merchandise to a foreign customer for 100,000 FC with payment to be received on January 31, 2020. At the date of the sale, Ambrose entered into a three-month forward contract to sell 100,000 FC on January 31, 2020. The company designates the forward contract as a cash flow hedge of the foreign currency receivable. Relevant exchange rates are as follows: Date Spot Rate Forward Rate to January 31, 2020 November 1, 2019 December 31, 2019 January 31, 2020 $0.53 $0.50 $0.49 $0.52 $0.48 N/A 42. What amount should sales to credited for on November 1, 2019?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:40
On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.
Answers: 1
question
Business, 22.06.2019 12:30
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer
Answers: 3
question
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
question
Business, 22.06.2019 23:30
Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?
Answers: 3
You know the right answer?
On November 1, 2019, Ambrose Company, a US firm, sold merchandise to a foreign customer for 100,000...
Questions
question
Mathematics, 06.05.2020 01:20
question
Mathematics, 06.05.2020 01:21
Questions on the website: 13722362