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Marrrta [24]
3 years ago
10

Rodgers Inc. is imports paper from Shanghai China. In a typical transaction Rodgers receives a delivery of paper from the Chines

e Company and pays the company in Yuan. In all transactions, the amounts and payments are set today, but all deliveries, payments, and revenues come 90 days later. How can Rodgers hedge its foreign currency risk
Business
1 answer:
kari74 [83]3 years ago
5 0

Answer:

Rodgers can hedge its foreign risk by using a Contract to buy Yuan in the futures market today at an agreed upon price in 90 days.

Explanation:

Solution

Since Rodgers receives a delivery of paper from the Chinese Company and pays the company in Yuan, so he has to hedge his exchange rate risk by buying or purchasing Yuan future contract for 90 days.

So, Rodgers Incorporation should make a contract to buy Yuan in the future market today at an agreed price in 90 days.

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What education does a childcare director need
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An associate's or bachelor's degree in early childhood education is needed to work as a child care director.

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Parne Two large American beer producers have decided to merge and seek government approval. They claim that by joining forces th
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The correct answer is letter "A": Beer prices will go down.

Explanation:

Usually, when two large companies merge they take most or almost all part of their market causing a monopoly. This implies the recently-merged company to set the price of the goods according to what they believe is suitable which does not necessarily match with the consumers' expectations. However, for the companies in the case to prove the government that the merger will benefit the economy, they must show that the price of the beer will go down which is the opposite of what is expected under other regular situations.

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3 years ago
How can an organization develop strategic​ flexibility?
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Well, you become very very busy when you work, and that develops strategic flexibility. Once you get used to your organization, that’s a sign of strategic flexibility
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3 years ago
A corporation​ ________. A. can use straightdash-line depreciation method for tax purposes and MACRS depreciation method financi
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Answer:

The correct answer is B. can use different depreciation methods for tax and financial reporting purposes.

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7 0
3 years ago
On November 2, 2020, Bramble Company has cash sales of $6120 from merchandise having a cost of $3540. The entries to record the
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Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.

A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.

The journal entry to record days cash sales would be as given below:

Cash (Dr)                     $6,120

   To sales                                 $6120

(Being cash sales of $6,120)

Cost of good sold  (Dr)  $3,540

    To inventory                          $3,540.

(Being cost of cost of good sold)

 

To know more about journal entries click here:

brainly.com/question/14279491

#SPJ4

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2 years ago
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