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Trevor restores antique cars and sells them for profit. This is an example of CAPITAL GAINS income.
Capital Gain is a profit earned from the sale of a property or an investment. It is not only limited to vehicles. It is also applicable to real estate sales. Every Capital Gain has its corresponding taxes to be paid to the government.
This situation is called piracy. It is because the Russian has no legal authority to name their business McDonald's as it was already patented. Only the real McDonald's has the elite rights conceded by a sovereign state to an innovator or chosen one for a restricted timeframe in return for the nitty gritty open revelation of a creation. An innovation is an answer for a particular mechanical issue and is an item or a procedure.
Answer:
The answer is c. Enter into a forward contract to sell 30,000 euros in 30 days
Explanation:
The risk Golden is facing is the exchange rate risk. Specially, as of the firm's concern, 30,00 euros they will receive in 30 days will not be worth as much as it is now because the Euro is expected to be depreciated against the firm's domestic currency.
So, they may enter into a forward contract allowing them to sell 30,000 euros in 30 days ( take short position in Euro) at pre-determined exchange rate. By doing so, they effectively eliminate the exchange rate risk by lock-in the exchange rate at the day they receive 30,000 euro.
