Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.
<h3>What should Johnson Co. do?</h3>
The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.
They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.
Find out more on purchasing forward at brainly.com/question/14090802.
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Profits will rise. It fixes his overhead cost and selling and administrative costs.
Answer:
Issuance:
Cash 41,397.56 debit
Discount on BP 8,602.44 debit
Bonds Payable 50,000 credit
TRUE. At maturity the Bonds payable account will be debited to indicate the bonds were payed.
Explanation:
C 2,250.000
time 20
rate 0.06
PV $25,807.3227
Maturity 50,000.00
time 20.00
rate 0.06
PV 15,590.24
PV c $ 25,807.3227
PV m <u>$ 15,590.2363 </u>
Total $ 41,397.5591
50) B - Per Capita Income