A 90-day forward-sale purchase contract will help to reduce or eliminate the risk facing the U.S. Firm.
<h3>What is a Forward sale Contract?</h3>
This refers to a special contract between two parties to purchase or sell an asset at an agreed price on a future date.
The fact that the price has been set and agreed upon protects the parties from fluctuations, which in this case, is exchange rate risks.
The correct answer, thus, is A.
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Answer:
Here is what I found, I hope it helps
Explanation:
Gross Income contains all money you earn that is not expressly removed from taxation under the Internal Revenue Code (IRC). The part of your gross income which is currently subjected to taxes is Taxable Income. To arrive at the number of Taxable Income, expenses are deducted from gross income. For a year, your Gross Income applies to all your pre-tax earnings, while your Adjusted Gross Income is mostly smaller and refers to your income after tax deductions. I could not find the difference between Adjusted Gross Income and Taxable Income.
Answer: Changes in production and demand
Explanation:
Answer:
end of January balance in the accounts receivable account should be $65900
Explanation:
given data
accounts receivable = $70,000
customers on account = $18,400
account totaling = $14,300
services to be provided = $6,800
to find out
balance in the accounts receivable account
solution
balance in the accounts receivable account will be find as
Balance of Accounts Receivable = Beginning balance + Revenue from earned services - Collections during the period ........................1
put here value
Balance of Accounts Receivable = 70000 + 14300 - 18400
Balance of Accounts Receivable = $65900
so
end of January balance in the accounts receivable account should be $65900
