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Kisachek [45]
4 years ago
13

Perkins Corp. will receive 250,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is $1.48, while the 360

-day forward rate is $1.50. How much will Perkins receive in 360 days from implementing a money market hedge (assume any receipts before the date of the receivable are invested)
Business
1 answer:
Evgesh-ka [11]4 years ago
8 0

Answer:

$370,000

Explanation:

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What type of clause is inserted in a financing document when the lender agrees to waive the right to a deficiency judgement? A r
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3 years ago
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LaRoe Lawns’ inventory increased during the year by $6.7 million. Its accounts payable increased by $6.6 million during the same
kozerog [31]

Answer:

a. Cash paid to suppliers of merchandise during the reporting period: $44.1 million

b. A summary entry that represents the net effect of merchandise purchases during the reporting period as below:

Dr Cost of goods sold                  44,000,000

Dr Inventory                                   6,700,000

Cr Account Payable                      6,600,00

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Explanation:

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4 0
3 years ago
Which of the following is not one of the conditions that make it more likely that firms will be able to coordinate their efforts
tatyana61 [14]

Answer:

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