Assuming that Brandt entered into a forward contract to sell 10 million South Korean won on December 1, 2020, as a fair value hedge of a foreign currency receivable, what is the net impact on its net income in 2020 resulting from a fluctuation in the value of the won

Answers

Answer 1

The net impact on its net income in 2020 resulting from a fluctuation in the value of the won is : $250 decrease in net income.

First step is to calculate the Discount on forward contract

Discount on forward contract=[($0.0035 − $0.0034) × 10 million

Discount on forward contract=$0.0001 × 10 million

Discount on forward contract= $1,000

Second step is to amortized the Discount on forward contract

Amortization of discount on forward contract=$1,000 / 4 months

Amortization of discount on forward contract=$250 per month

Based on the above calculation foreign exchange loss of the amount of $250 will be recognized on December 31, 2020.

Therefore the net impact on its net income in 2020 resulting from a fluctuation in the value of the won is a decrease of $250.

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Related Questions

A firm has the following sales figures: Year 2011: $2.1 million. Year 2012: $2.3 million. Year 2013 $2.5 million. Year 2014 $2.2 million. Year 2015 $3.1 million. Using the naive approach, determine the forecast for next year's sales. A. $3.2 million. B. $3.1 million. C. $3.4 million. D. $2.5 million

Answers

Answer:

3.1 million

Explanation:

naive approach assumes that your projected data point is just your most recent one

because we have 3.1 million last year we assume that it's going to be that this year

Sarjit and Rhonda have both recently completed graduate level training in liberal arts programs. Although they studied in different fields, they are similar to each other in human capital value in the labor market. According to ________, this similarity defines Sarjit and Rhonda as belonging to the same economic class.

Answers

Economic classes refer to the position of people on the earning ladder. For Sarjit and Rhonda, the theory that classifies them into the same economic class is that of;

Karl Marx

According to Karl Marx, there are two economic classes, namely, the bourgeoisie and the proletariat. The bourgeoisie are the rich and working-class members of society while the proletariats are the workers.

Given this classification, Sarjit and Rhonda belong to the same economic class of workers.

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Alma owns fifty shares of common stock in Alpha Corporation. Alma also owns eighty shares of preferred stock in the same corporation. Alpha Corporation has an upcoming vote for a new director. In the election for the new board member of Alpha, Alma will be able to cast:

Answers

Given the situation described above, Alma will be able to cast 50 votes.

This is because common stock gives voting rights to shareholders. And given that Alma has 50 shares of common stocks. Therefore, he would be able to cast 50 votes.

On the other hand, preferred stocks give no voting rights to shareholders.

However, preferred shareholders have preference over a company's revenue or earnings, which implies that they are paid dividends before common shareholders.

Hence, in this case, it is concluded that the correct answer is "50 votes."

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Research and find out about the changes in business sectors of Pakistan from 1947 to date. Give reasons for the changes you have identified. (10)

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Answer:

Since Indian independence in 1947, the economy of Pakistan has emerged as a semi-industrialized one, the on textiles, agriculture, and food production, though recent years have seen a push towards technological diversification. ... Pakistan suffered its only economic decline in GDP between 1951 and 1952.

2. How do you plan to fit freelancing with Rev in with your current schedule?

Answers

Based on time management analysis, to fit freelancing with Rev in with your current schedule, you should start by "creating a routine."

The other things you need to include in your plan to fit freelancing with Rev in with your current schedule include the following:

Set a priority list.Avoid procrastinationUtilize an electronic calendar to follow your scheduleComplete an end-of-the-day work.Follow a healthy work-life balance.

Hence, in this case, it is concluded that there are many ways in which you can fit freelancing with Rev in with your current schedule.

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Boat Builders Incorporated budgets overhead cost of $1,680,000 for the year; of this amount, $960,000 is traceable to the Assembly department and $720,000 is traceable to the Finishing department. The company manufactures two types of boats: Fishing and Yachts. Budgeted direct labor hours for the Fishing model are 28 in Assembly and 4 in Finishing. Budgeted direct labor hours for the Yacht model are 36 in Assembly and 12 in Finishing. The company budgets production of 400 units of the Fishing model and 400 units of the Yacht model for the year. Compute departmental overhead rates for each department using direct labor hours for that department Multiple Choice

Answers

The overhead rate for the assembly department is $37.5 per hour, while the overhead rate for the finishing department is  $112.5 per hour.

In business, the overhead rate refers to the production cost of a service or product. This rate is calculated using the following equation:

Overhead rate = Manufacturing overhead cost / total amount of the allocation base (hours that production takes)

Based on this, let's calculate the rate for each department:

Assembly department:

The manufacturing overhead cost is  $960,000

Direct labor hours:

Fishing model: 28 hours x 400 units = 11,200

Yacht: 36 hours x 400 units = 14,400

Total direct labor hours = 11,200 + 14,400 = 25,600

Overhead rate = $960,000 / 25, 600 = $37.5 per hour

Finishing department:

The manufacturing overhead cost is $720,000

Direct labor hours:

Fishing model: 4 hours x 400 units = 1,600

Yacht: 12 hours x 400 units = 4,800

Total direct labor hours = 1,600 + 4,800 = 6,400

Overhead rate = $720,000/ 6,400 = $112.5 per hour

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Gina Morales had taxable income of $35,950 in 2020. She will file a return using the single filing status. Her income consisted of ordinary and qualified dividend income of $2,000, reported to her on Form 1099-DIV. The rest of her income was from wages. What tax rate will apply to Gina's qualified dividends

Answers

The applicable tax rate to Gina's qualified dividends is 0%.

Gina's qualified dividends of $2,000 are below the threshold for long-term capital rates of 15% and 20%.  Based on Gina's single filing status with a taxable income of $35,950, which falls under the 12% taxable income bracket, she will not be paying any tax on her qualified dividends.  But she must still disclose the qualified dividend income on her tax form.

Thus, the tax rate that applies to Gina's qualified dividends is 0%.

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Harris Corporation has ​$407 million in​ cash, and 116 million shares outstanding. Suppose the corporate tax rate is 32% and investors pay no taxes on​ dividends, capital​ gains, or interest income. Investors had expected Harris to pay out the $407 million through a share repurchase. Suppose instead that Harris announces it will permanently retain the​ cash, and use the interest on the cash to pay a regular dividend. If there are no other benefits of retaining the​ cash, how will​ Harris' stock price change upon this​ announcement?

Answers

Answer:

369

Explanation:

407x116=369

One year​ ago, your company purchased a machine used in manufacturing for . You have learned that a new machine is available that offers many​ advantages; you can purchase it for today. It will be depreciated on a​ straight-line basis over ten​ years, after which it has no salvage value. You expect that the new machine will contribute EBITDA​ (earnings before​ interest, taxes,​ depreciation, and​ amortization) of per year for the next ten years. The current machine is expected to produce EBITDA of per year. The current machine is being depreciated on a​ straight-line basis over a useful life of 11​ years, after which it will have no salvage​ value, so depreciation expense for the current machine is per year. All other expenses of the two machines are identical. The market value today of the current machine is . Your​ company's tax rate is ​, and the opportunity cost of capital for this type of equipment is . Is it profitable to replace the​ year-old machine?

Answers

Answer:

Yes it would be profitable to replace a year old machine.

Explanation:

its always best to buy new things to replace others.

old things usually dont work correctly and could be out of date.

buying something new can reduce that probability of not working correctly

rong 200 từ hoặc ít hơn, hãy giải thích một trường hợp sử dụng phân tích lợi ích – chi phí để ra quyết định mà bạn quan sát được trong cuộc sống

Answers

say wHaT?! I don't know what that meanss

In the IRA form of a simple retirement account, employer's can contribute as much as they want into the employee's simple retirement account, even though the employee's contribution is limited to $13,500.

True or False and why. Links verifying this would be appreciated.

Answers

Answer:

true and i took the test (:

Explanation:

Over the last three years, Christmas tree prices have increased from an average of $35 per tree to over $75 per tree. How would a Christmas tree farm and the overall industry respond to the price change under the following circumstances

Answers

The Christmas tree farm would respond by:

In the short run, producers are going to earn profits and also increase their supply of the product.

This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.

As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.

This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.

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All of the following are costs (fees) associated with checking accounts except

A.) Monthly Service Charges

B.) Overdraft fees

C.) ATM Card transactions fees

D.) Direct Deposit

Answers

A A monthly maintenance fee (sometimes called a monthly service fee) is money a bank charges you for working with the company. The fee is usually automatically withdrawn from your account each month. In some cases, you'll pay the fee no matter what. But many banks let you waive the fee if you meet certain requirements.

A specific statement of the organization's purpose, its products, and its customers is called a mission statement.
Select one:
True
False

Answers

Answer:

true..,........................

A hospital arranges with a third-party payer to charge the third party 85 percent of its established billing rates. During January, the hospital provided services amounting to $2.0 million at the established billing rates. Prepare journal entries to record the January billings.

Answers

The journal entries to record the January billings of the hospital are as follows:

Debit Accounts Receivable $1,700,000

Debit Finance Charge $300,000

Credit Service Revenue $2,000,000

To record the services provided.

Data Analysis:

Accounts Receivable $1,700,000 ($2,000,000 x 85%) Finance Charge $300,000 Service Revenue $2,000,000

Thus, the hospital will split the billing for January into two: the amount it will receive and the finance charge for using the third-party payer.

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I’m the speech “I have a dream” by Martin luther king jr. did he Use of verbal signposts to create coherence?

Answers

Answer:

yes

Explanation:

he did to attract customers

PowerSounds Inc. is a manufacturer of audio equipment. The corporation has production, marketing, accounting, and finance departments. They have a department that makes speakers, turntables, and accessories for professional DJs, and a department that produces equipment for home use. Marlena works in the production department manufacturing speaker components. She reports to the production manager and her project manager. Emmanuel works in the accounting department and also manages public relations. The organization requires all the employees to wear the corporation's T-shirt as part of the uniform. There are also specific procedures that the employees must follow while manufacturing the instruments.

It can be inferred that Marlena works in a ________ department.

a. flat
b. wide
c. narrow
d. line
e. staff

Answers

To be honest I’m not completely sure but think the answer is staff

Being a single parent can be tough because
A.
You have twice the income and half the expenses.
B.
Changes in welfare laws increase the amount of time welfare will help the single parent.
C.
Taxes are much higher for single people than for those who are married.
D.
Working to support the family often means paying higher costs for child care.

Answers

Answer:

the answer is letter D

Explanation:

because as a single mother, you have to support your family, and needs to pay higher cost for your children.

The answer is letter D.

Compared to Country Y, Country X has a comparative advantage in producing computers. Country Y has a comparative advantage over Country X in producing automobiles. How can the two countries BEST take advantage of this situation?
Country X and Country Y can impose barriers to trade between themselves.

Country X and Country Y can specialize their production and trade with each other.

County Y can stop producing goods and import all of its products from Country X.

Country X can stop producing goods and import all of its products from Country Y.

Suppose the value of the Japanese yen appreciates relative to the US dollar. Who would this benefit? Select all that apply.
Japanese tourists visiting the United States

US tourists visiting Japan

Japanese exporters of goods to the United States

US importers of goods from Japan

Japanese importers of goods from the United States

Look at the exchange rate table. Then answer the question that follows.

Ethan is an American who buys and sells goods in the international market. He recently bought goods that cost 10,000 yen from a company in Japan. How much money did he spend in US dollars?$100

$1,000

$10,000

$100,000

Answers

When a country or organization is able to produce a certain good or service at a lower opportunity cost than competitors, such country organization is said to have a comparative advantage on such product.

1.)

Hence, the best way to both countries can take advantage of the situation is for countries X and Y to specialize in that good in which it has comparative advantage, then trade with one another.

2.)

Since the Japanese yen has appreciated over the dollar, then, the beneficiaries would be ;

Japanese importers of goods from the United StatesJapanese tourists visiting the United States

These is because they could get more with less.

3.)

Total cost of goods = 10,000 yen

100 yen = $1

10000 yen = x

Cross multiply

100x = 10000

x = 10000 ÷ 100

x = 100

Hence, Ethan has spent $100

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Maximum 500 words.. Develop your unique sales strategies to sell your product or services to 
a. A community that has NEVER used any of such product.
b. A community who has been using your competitors product.
please write 500 words please help​

Answers

To develop a unique sales strategy to sell your products or services to a community that has never used any of the services and a community that has used your competitors' product, the focus must be on creating value for the consumer.

Now in detail, let's analyze how strategies could be carried out for each specific situation:

A community that has never used any of these products:

The focus would be on product promotion. Marketers should develop advertising and promotion campaigns that would generate awareness about the product and its benefits, and create consumer desire.

A community that has used its competitors' product:

The focus in this situation is on the creation of differentiation, which is a strategy for consumers to be able to perceive different benefits and features in their product that generate more value and satisfaction than the product of competitors.

Therefore, each strategy must be aligned with the satisfaction of a specific need, generating efforts to create products and services that generate advertising engagement, satisfy consumer needs, generate the desire for purchase, have quality and create value.

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Select all that apply Identify the statements below which summarize what cash discounts are. (Check all that apply.) Multiple select question. A reduced payment applies to the credit period. A buyer views a cash discount as a purchase discount. A reduced payment applies to the discount period. Cash discounts are described in credit terms. Sellers can grant a cash discount to encourage buyers to pay earlier. A seller views a cash discount as a sales discount. A seller views a cash discount as a purchase discount.

Answers

So basically 2-3 is 6 so that means that a cupboard is not actually a cupboard it’s a whale

what is one best motivational theory?

Answers

Answer:

The Maslow motivation theory

Explanation:

The Maslow motivation theory is one of the best known and most influential theories on workplace motivation

Describe marketing tactics that the credit industry uses to trick people into getting into debt.

Answers

Considering the credit industry analysis, the marketing tactics that the credit industry uses to trick people into getting into debt include offering lower introductory APR rates.

Other marketing tactics that the credit industry uses to trick people into getting into debt include the following:

Appealing to people's social conscience Incentives and rewardsEncouraging youth cultureUsing celebrity personality as ambassadorCreating points that don’t provide strong merchandise choicePromoting the desire to spend money on your family.

Hence, in this case, it is concluded that there are various ways in which the credit industry tricks people into debts.

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In the context of balance sheets, accounts receivable is an example of

Answers

Answer:

In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets, current assets depreciated liabilities

Explanation:

Hope It helps And Please Mark Me As Brainliest

Answer:

In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets current assets depreciated liabilities

Explanation:

explain two approaches that can be used to calculate GDP and explain why these Ovo approaches give the samw value to GDP​

Answers

Answer:

the value added approach the income approach the expenditures approach

Which of the following is most likely to happen if a borrower fails to make
payments on time?
A. The borrower's credit score will decrease.
B. The lender will charge a lower interest rate.
C. The lender will increase the credit limit.
D. The borrower's creditworthiness will improve.

Answers

A. The borrower's credit score will decrease.

Answer:

A. The borrower's credit score will decrease.

Explanation:

Lorraine is a professional food critic. After each visit, she evaluates a restaurant on their service, food quality, and atmosphere. What type of quality assessment is this

Answers

The type of quality assessment that food critic Lorraine will make on each visit, assessment of the service, food quality and ambience of a restaurant will be based on their experience.

Quality assessment is carried out by collecting data to identify compliance with pre-established standards, such as those defined by Lorraine, regarding service, food and environment.

Therefore, through her on-site experience, she will be able to assess the quality according to her criteria and then share it with the public or in media such as newspapers, magazines and blogs.

The experience of the food critic will influence the public to decide if they want to go to the place and also to the restaurant to improve the quality of their service and products.

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Retail chains try to design their store environments and layouts so as to make shopping as enjoyable and easy as possible and thereby encourage consumers to linger and make purchases. This most relates to

Answers

When Retail chains designed their store environments and layouts to make shopping enjoyable and easy, its  most relates to physical environment.

Retails chains refers to chain of stores that sell similar items and under the control of the head office.

A very good example of Retails chains includes Wal-Mart, Target etc.

Usually, retails chains (like Wal-Mart, Target) designed their store environments to make shopping very enjoyable and easy for the customers.

Therefore, the operation most relates to physical environment.

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NEED GUIDANCE ON HOW TO DO THIS PLEASE
I need to prepare cash flow statement and financial performance statement. I have attended the photo​

Answers

Answer:

transport and travelling cost

All of the following are loss of control risks except ________. (1pts) Question 36 - All of the following are loss of control risks except ________. high unit cost forever vendor in driver's seat identity changes technology direction enhancements in wrong priority

Answers

Loss control is an important measures taken by individuals to prevent or reduce loss cycle from accident, injury etc. All except Identity changes are loss of control risks.

Loss Control ia often regarded as a risk management technique. It aim to reduce the likelihood that a loss will take place and/or reduce the highness of those that will take place.

It is also called risk control or safety. .

Examples are Involuntary immobility due to great fear, during earthquakes, tornadoes, and floods is a common form of loss of control.

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