3) On December 16, 2019, AmeriCo, a U. S. company with fiscal year-end on December 31, purchased inventory from a company in London for 30,000 British pound sterling with payment due on February 14, 2020. The following foreign exchange rate are available: Spot Rate Forward Rate for 2/14/2020 Delivery 12/16/2019 $1.61 $1.59 12/31/2019 $1.65 $1.62 02/14/2020 $1.63 $1.62 a) On March 1, 2020 AmeriCo sold all the inventory bough from the London supplier for U. S.. $70,000. Assume that to manage foreign currency exposure on December 16, 2019, AmeriCo entered into a 60-day forward contract to purchase 30,000 euros on February 14, 2020. AmeriCo did not designate the forward contract as either a fair value hedge or a cash flow hedge. Based on the generally accepted accounting principles (GAAP) in the U. S. how much is the overall foreign currency transaction gain or loss to be reported for 2019 and 2020, combined

Which of these things did galileo not do? a. stop publishing his scientific work after being convicted of heresy b. invent the concept of acceleration c. experiment with rolling balls down ramps of increasing steepness to test how objects would fall d. argue that earth moves around the sun e. make up a thought experiment that indicated that objects would fall at the same rate

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.