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Sav [38]
3 years ago
7

"If Lazer Co. desires to lock in the maximum it would have to pay for its net payables in euros but wants to be able to capitali

ze if the euro depreciates substantially against the dollar by the time payment is to be made, the most appropriate hedge would be"
Business
1 answer:
Crazy boy [7]3 years ago
5 0

Answer:

D) purchasing euro call options.

Explanation:

If Lazer purchased euro call options it would be basically buying the right to purchase euros at a specified currency exchange rate. This way Lazer would know what is the maximum amount it will have to pay for the euros it needs to cover its debts. The call option give the buyer the right to purchase the euros but not the obligation, so if the euro depreciates, then Lazer can simply decide to not use the call option.

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The Gorman Group issued $970,000 of 13% bonds on June 30, 2021, for $1,042,973. The bonds were dated on June 30 and mature on Ju
omeli [17]

Answer:

Entries are given below

Explanation:

Cash should be recorded as an asset on the issuance of bonds and bonds should be credited as it is a liability for the company. Interest expense should be debited on a semiannual basis

June 30, 2021 ( issuance of bonds)

                                                          DEBIT          CREDIT

Cash                                                 1,042,973

Bonds payable                                                     970,000

Premium on bonds payable                                 72,973

December 31, 2021 ( interest expense)

                                                            DEBIT          CREDIT

Interest Expense                               62,578

(1,042,973 x 12% x 6/12)

Premium on bonds payable               472    

Cash                                                                          63,050

(970,000 x 13% x 6/12)

June 30, 2022 (interest expense)

                                                           DEBIT            CREDIT

Interest Expense                               62,550

(1,042,973-472) x 12% x 6/12)

Premium on bonds payable               500    

Cash                                                                             63,050

(970,000 x 13% x 6/12)

5 0
3 years ago
Black market dealers are often legitimate businesses with questionable and illegal practices. (points : 2) true false
amm1812
 The Black Market is a series of dealers who can get you a product that has been repealed from stores, such as 2006 yellow Tide, which cleaned the products too good, forcing the company to take it off the market because they wanted to continue to sell products that they claim better than the last. The Black Market is illegal and if currently under high investigation by governments all over the world. So, if the Black Market practice itself is illegal and all actions taken while in the Black Market are as well, I think you can finalize your answer. Hope this helped!
6 0
3 years ago
Rice is a cheap staple food eaten multiple times of day by many people all over the world. In Trufflelandia, residents also eat
enot [183]

Answer:

Rice is so cheap and truffles are so expansive because D. People eat so much rice that an additional serving of rice has little marginal value, but the marginal value of another serving of truffles is very high.

Explanation:

When it comes to tasty or nutritious foods, there should not be any reason to be more expensive than others food stuffs. However, they often cost a little more. Regarding rice and its easy way of cooking, it is not a strong argument to talk about the price. So the right answer D, due to the fact that is true that eating a higher rate of rice won't have such a great marginal value as it will with truffles. It has to do a lot with higher demand of rice.

5 0
3 years ago
Im bored lez talk :>
maw [93]

Answer: Ok

Explanation:none

3 0
3 years ago
Read 2 more answers
You explain the concept of smarketing meetings to your leadership team, and one person asks, "How often do we need to have these
Black_prince [1.1K]
<h2>Depending on the need would be the apt answer for this type of question.</h2>

Explanation:

Employees normally consider meeting as waste of time, or they might sell products instead of attending meeting. We must re-insist the purpose of meeting.

Meeting,

  • can make employer understand employee better and vice-versa
  • is to communicate latest update, expectation
  • is to track current events and to hand-hold wherever necessary
  • is to review the road map to reach the organizational goals
  • is to appreciate the best work so that it would be a motivational factor for everyone
  • meant to trigger the work more efficiently

The meeting are organized to support both organization and employees to be on track and it is scheduled only as per need. So it is not often and whenever it is essential.

5 0
3 years ago
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