On December 12, Year 1, a company entered a forward exchange contract to sell 100,000 euros in 90 days. The relevant exchange rates are as follows:
Forward rate for
Date Spot Rate March 12, Year 2
December 12, Year 1 $0.88 $0.90
December 31, Year 1 $0.98 $0.93
The forward contract is being used for speculation. At December 31, Year 1, what amount of foreign currency transaction gain or loss should the company include in income from this forward contract?
a. $0
b. $3,000 loss
c. $3,000 gain
d. $10,000 loss
siap komandan DK
Eco-tours offer a refreshing break from the urban hustle, allowing visitors to connect with nature best food in amsterdam and appreciate Amsterdam's commitment to environmental stewardship.
This tour often includes stops at the stunning Al-Muizz Street, where one can find the Al-Hakim fun activities in cairo Mosque, the Qalawun Complex, and the Mosque of Sultan Al-Ghuri.
Trust-building online can significantly impact your brand's credibility. By being open and reliable, you dentity create a positive image that attracts and retains customers. This strategy is key to long-term business success.
Jewelry care is essential for maintaining its brilliance. Regular cleaning and bliss diamond jewelry reviews proper storage prevent damage. Brides should follow specific care instructions for their pieces.
Battery capacity indicators and battery life monitoring tools provide users with real-time feedback on battery status and remaining charge. This information empowers users to truemoola gummies manage their battery usage effectively and plan recharging accordingly.
Embroidery, painting, and other forms of embellishment add depth and dimension to clothing art, transforming simple garments into intricate masterpieces. These butterfly abaya uk techniques require skill and precision, elevating the craftsmanship of the clothing.