On October 1, 2021, Eagle Company forecasts thepurchase of inventory from a British supplier on February 1,2022, at a price of 100,000 British pounds. On October 1,2021, Eagle pays $1,800 for a three-month call option on100,000 pounds with a strike price of $2.00 per pound. Theoption is considered to be a cash flow hedge of a forecastedforeign currency transaction. On December 31, 2021, theoption has a fair value of $1,600. The following spotexchange rates apply:DateOctober 1, 2021December 31, 2021February 1, 2022

Answers

Answer 1

The journal entry that  Eagle should  prepare on October 1, 2021 is:

Debit Foreign Currency Option $1,800; Credit Cash $1,800.

What is Journal entries?

Since Eagle pays the amount of $1,800 for a three-month call option  and  on December 31, 2021, the option has a fair value of $1,600. The journal entry that  Eagle should  prepare on October 1, 2021 December 31, 2021 are:

Eagle company

October 1, 2021

Debit Foreign Currency Option $1,800

Credit Cash $1,800

December 31, 2021

Debit Option Expense $200

Credit Foreign Currency Option $200

($1,800-$1,600)

Therefore entry that  Eagle should  prepare on October 1, 2021 is: Debit Foreign Currency Option $1,800; Credit Cash $1,800.

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Related Questions

Select the correct answer. what benefit does a 401(k) plan provide over an ira? a. a higher rate of return b. fewer investment options c. less investment risk d. on-hand financial advisors e. employer’s contribution

Answers

The main benefit that a 401(K) provides for a person over an IRA is that of e. Employer's contribution.

What separates an IRA from a 401(K)?

An Individual Retirement Account (IRA) by definition is a pension investment vehicle that is funded by the person who uses it to save for their retirement.

401(K)s on the other hand, have the benefit of being contributed to by employers. This allows for higher amounts to be invested, and lower amounts to be used for investing by the person who owns the 401(K).

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What does the word “marginal” mean in economics?

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Answer Marginal refers to the focus on the cost or benefit of the next unit or individual, for example, the cost to produce one more widget or the profit earned by adding one more worker. Companies use marginal analysis as a decision-making tool to help them maximize their potential profits.

Which people will the procurement department likely consult prior to finalizing a purchase to ensure that the purchase being made is suitable for the function it will have in the company

Answers

A procurement department likely consults with a procurement manager before finalizing a purchase to ensure that the purchase being made is suitable for the function it will have in the company.

What is a purchase?

Purchase refers to obtaining something by getting the ownership of some goods or properties.

A Procurement manager refers to the person who is responsible for sourcing products and services for the company. Sometimes it is also called a purchasing manager.

A procurement or purchasing manager is likely to consult before finalizing a purchase to ensure that the purchase being made is suitable for the function it will have in the company.

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What should you do before and after each study session? play your favorite game on your phone so you are relaxed. reach out to your friend to ask questions. review your notes to help you remember the important topics. take a long nap so you are well rested.

Answers

Answer:

Review your notes to help you remember the important topics

Explanation:

Reviewing your notes before and after a study session can help you apply the information to your long-term memory.

If an economy experiences increasing opportunity costs with respect to two goods, then the production possibilities curve between the two goods will be

Answers

Production possibilities curve between the two goods will be a straight, downward-sloping line if the opportunity cost rise.

What is production possibilities curve?

The production possibilities curve serves as graph that display the relationship between the resources and the output that can be produced.

Therefore, when the opportunity cost that exists between two goods, there will be. downward slope as regards the production possibilities curve.

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Countries trade with each other when they need goods they cannot produce
themselves. They also trade to take advantage of their own resources and surplus of
goods.
Check Your Understanding
Attempt 1 of 2
What are three reasons that might encourage a country to engage in trade?
A. The country lacks the ability to produce any goods.
B. The country has the natural resources to produce a specific good.
C. The country lacks an essential material.
D. The country can specialize in the production of a specific good.
E. The country can produce everything it needs.

Answers

Answer:

c

Explanation:

Government transfer payments ________ during expansions and ________ during recessions. A) decrease; decrease B) increase; decrease C) increase; increase D) decrease; increase

Answers

Decrease during expansion, increase during a recession

A change in price of a good or service typically causes ___________________________ for that specific good or service.

Answers

A change in the price of a good or service typically causes a change in quantity supplied or a movement along the supply curve for that specific good or service.

What is the price?

Price refers to the value that is put on a product or service after doing a complex set of calculations, research, and understanding.

Only a change in the price of the product itself is not among the factors that cause a shift in the supply curve. A change in the price of a good or service causes a change in the quality supplied or a movement along the supply curve for particular goods or services.

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The nature of management is to motivate and coordinate others to cope with _____ and far-reaching challenges. a. organized b. simple c. planned d. diverse e. controlled

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The nature of management is to motivate and coordinate others to cope with diverse and far-reaching challenges.

What is the term Management about?

A management is defined as the controlling body who is responsible for communicating and coordinating human resources to the firm to ensure the efficiency in the business.

Moreover, with the help of diversification ideas, the particular firm is able to realize its potential and weakness that automatically helpful for taking the right decisions.

Therefore, correct option is D.

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Discuss ways in which businesses can deal with change in the workplace​

Answers

Answer:

Empower employees through communication, Work with a change management model, make change compelling and exciting, and Activate leadership.

Explanation:

Who do you contact if youve already accepted more loan money than you need?.

Answers

Answer:

You should contact the lender so you can return the leftover loan, reducing the amount that you owe.

If we have already accepted more loan money than what we need in that situation we can do two things:

We can contact to our lender and can explain that we have taken more loan as we required so you can take the amount and can decrease our emi and rate of interest.     Secondly, we can lend that more loan amount money to different person on more rate of interest and we can earn some profit in between.What is rate of interest?

The amount of money or the percentage according to which the lender charge the money from the borrower is called rate of interest.

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Jessica is currently a freshman in college who wants to work for the health, safety, and environmental management career pathway. which best describes the path she should take to give her the typical education for her goal? jessica should get her bachelor’s degree and try to intern with a brownfield redevelopment specialist. jessica should get her bachelor’s degree and work as a taxi driver to meet people in the industry. jessica should get her associate’s degree and try to intern with an occupational health and safety specialist. jessica should get her associate’s degree and work as a travel clerk to meet people in the industry.

Answers

Answer:

The answer is A. Jessica should get her bachelor’s degree and try to intern with a brownfield redevelopment specialist.

Explanation:

Brownfield Redevelopment Managers help make contaminated lands reusable. So, that would fall into the Health, Safety, and Environmental  management career pathway. It's not C because you would need to have a Bachelors degree to be a Health and Safety specialist. The other options are self explanatory.

Answer: the answer is A

Explanation:

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You see a white marker with an orange diamond and black lettering. what does this marker tell you?

Answers

Answer:

A white marker with an orange diamond and black lettering is a sign that warns boaters of possible dangers ahead, such as rapids, rocks, and dams.

The description you provided suggests a specific type of marker commonly used in various contexts, such as construction sites, roadways, or events.

The implication of the marker

Typically, markers like these are used for identification or communication purposes.

Markers can have different meanings depending on the context in which they are used. For example, in some situations, an orange diamond-shaped marker with black lettering may indicate a warning or cautionary sign, alerting people to potential hazards or dangers in the area.

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Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how _______ influence marketing decisions.

Answers

Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how age influence marketing decisions.

What is marketing?

Marketing involves various processes put together for sales and distribution of a particular products.

It involves strategic planning also consideration of the target market.

Therefore, Fast casual restaurants such as Chipotle are expanding because firms recognize that potential customers are predominantly young people. This scenario illustrates how age influence marketing decisions.

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Shareholders of XYZ Inc. have received a letter advising them of an opportunity to sell their shares back to XYZ at a specified price on a specific date. XYZ Inc. is conducting a

Answers

The fact that XYZ Inc. is alerting its shareholders to an opportunity for them to sell their shares to the company means that this is a Tender Offer.

What is a Tender offer?

This is an instrument by which a company uses to inform its shareholders that it plans on engaging in a share buyback.

The instrument would include the price the company wants to buy the shares, and when they want to. This is what XYZ is doing.

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Why did you become a small business owner? what is the origin story of your business?.

Answers

Answer:

You might have a reason for wanting to start your own business, like capitalizing on an opportunity or fulfilling a need in your community. Or you might have no idea why this sensation is pulling you. That’s OK. There’s no right or wrong motivation for wanting to start your own business.

Explanation:

Why is it necessary for agricultural practices to continue changing?.

Answers

It is important for agricultural practices to continue changing so as to;

Increase agricultural produce.

What is agricultural practices?

agricultural practices are techniques that are used in cultivation of crops and rearing of animals.

With the evolvement of different techniques in agriculture, such as usage of machinery and cross breeding there has been increase in production of goods and animals.

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A large three-car detached garage is constructed on a homesite at a cost of $65,000. The appraiser researches the market and finds that this garage only adds $30,000 in value to the property. Which valuation principle does this demonstrate?

Answers

"A large three-car detached garage is constructed on a homesite at a cost of $65,000. The appraiser researches the market and finds that this garage only adds $30,000 in value to the property."  The valuation principle does demonstrate is a contribution. This is further explained below.

What is contribution?

Generally, contribution is simply defined as the provision of something (as in money or effort) as a proportional share.

In conclusion, contribution is a major valuation principle.

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May you help me with this business question I and very struggling

Answers

Answer:

availability of direct deposit

availability of direct deposit

In 2021, depending on the amounts of income and other tax information, some individuals may report their income on: a.Form 1041. b.Form 1120. c.Form 1040A. d.Form 1065. e.None of these choices are correct.

Answers

In 2021, depending on the amounts of income and other tax information, some individuals may report their income on Form 1040A.

What is Form 1040A?

Form 1040A is defined as a form that permits a person to claim a limited number of tax credits after calculated the amount of taxes, such as the child tax credit, child and dependent care expenses, the credit for the elderly or disabled, and education tax credits.

Some individuals may be required to file Form 1040A in 2021, based on their income and other tax information.

Therefore, option c is correct.

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Completely controlling a business and keeping all the profits are advantages of a _____; raising capital by selling shares and limited liability are advantages of a _____.

Answers

Completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

What differentiates a Sole Proprietorship from a Corporation?

A sole proprietorship can be differentiated from a corporation based on a separate existence.

While a corporation has a separate legal existence, a sole proprietorship is not a legal entity different from the owner.

Thus, completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

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Alice has noticed that she is starting to dread going to work every day. she is afraid that she is going to have to quit if things don’t start to get better. what can alice do to be more satisfied with her job? a. mentor a co-worker b. improve her job skills c. develop her own projects d. all of the above please select the best answer from the choices provided a b c d

Answers

What Alice can do to be more satisfied with her job is she can improve her job skills, hence option B is correct.

What causes one to become bored in a job?

It should be noted that when a job's process is repetitive or mechanical workers are bound to become tired of the process.

Hence, as a work improving your skills is a way to go, this means you are open to new processes and challenges.

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How do you become a lawyer

Answers

go to law school, pass the bar exam, be smart. these r a few ways of becoming a lawyer.

Select the correct answer. which employee do you think is sincerely trying to maintain a positive work environment? a. akash avoids interacting with his peers as far as possible. b. tim loves the work he is doing and doesn’t pay much attention to the cramped office space he has. c. liza meets up with her friends from work every weekend. d. mae often brings little presents for her manager.

Answers

The employee who is sincerely trying to maintain a positive work environment is Tim, who loves his job despite the limitations of the environment.

How to maintain a positive work environment?

Through organizational culture, the habits and values ​​of a company are created, for this it is essential that the company structure is aligned with the objectives, in addition to the policies and conduct of employees, which must be based on integration and cooperation.

Therefore, in order to strengthen the organizational culture, a joint effort by all employees is essential, in favor of a positive work environment for development and innovation.

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EFFECTS OF THE RUSSIAN - UKRAINE WAR
Commodity prices, including wheat, corn, have surged since Russia began its
invasion of Ukraine on 24/02/2022. Russia & Ukraine account for about 29% and
19% of global wheat and maize exports.
With Ukraine ports closed and much of Russian grain supply frozen by Western
sanctions, there are fears of tightening supplies will lead to shortages in importing
countries.
South Africa, a net exporter of maize, imports about 40% of its wheat.
The conflict will have an impact on the International wheat prices which ultimately
reflect in in SA wheat prices as well.
Adapted: econ 3x3 :editor's corner March
2022
In view of the above Information conduct a research and write a report on the impact
of the Russian - Ukraine war on the South African Economy
In your report focus on the following issues:
13
• Highlight the negative externalities that might occur in the South African
Economy, due to the above-mentioned war.

Answers

The impact of the Russian - Ukraine war on the South African Economy is that It has lead to the pushing up of prices in South Africa.

What is the impacts of the war in SA.?

The Russia's invasion of Ukraine and the sanctions that were said to have been placed on Russia have made a lot of commodity prices to be going up, and thus it has adverse implications for South Africa's as there are now consumer price inflation.

Most cereals and machineries in South Africa is been imported from Ukraine and this is known to have affected their economy a lot as it has lead to food and fuel crises.

Note that the impact of the Russian - Ukraine war on the South African Economy is that It has lead to the pushing up of prices in South Africa.

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Jay asks his friends for advice: "Should I start doing mobile banking now that I've got my new smart phone?" Which friend is correct in their statement on the benefits of mobile banking?

Answers

The benefits of mobile banking include Convenience, time saving,  Easy to monitor, Bank on the go and many more.

What is mobile banking?

Mobile banking is the act of making financial transactions on a mobile device (cell phone, tablet, etc.). Advantages to mobile banking include the ability to bank anywhere and at any time.

Mobile banking typically uses an app that is provided by the financial institution for this purpose. Mobile banking is available on a 24-hour basis and is often dependent on the availability of an internet or data connection to the mobile device.

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Halliford Corporation expects to have earnings this coming year of $3.00 per share. Halliford plans to retain all of its earnings for the next two years. For the subsequent two years, the firm will retain 50% of its earnings. It will then retain 20% of its earnings from that point onward. Each year, retained earnings will be invested in new projects with an expected return of 25% per year. Any earnings that are not retained will be paid out as dividends. Assume Halliford's share count remains constant and all earnings growth comes from the investment of retained eamings. If Halliford's equity cost of capital is 10.0%, what price would you estimate for Halliford stock?Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. Earnings per share $ 3.00 Retention period (years) 2Retention rate (1) 50% Retention rate (2) 20%Expected return 25%Equity cost of capital Year 1 2 3 4 5 6Earnings 25% 25% 12.5% 12.5EPS growth rate (vs. prior year) EPS Dividends Retention rate 100% 100% 50% 50% 20% 20%Dividend payout ratio Dividends Year 5 value of dividends after year 5 Stock price Requirements:1. In cell range D16:116, by using cell references, calculate the earnings per share for years 1:6, respectively (1 pt.). 2. In cell range D19:119, by using cell references, calculate the dividend payout ratios for years 1:6, respectively (1 pt.). 3. In cell range D20:120, by using cell references, calculate the dividends for years 1:6, respectively (1 pt.). 4. In cell D22, by using cell references, calculate the present value in Year 5 of the dividends after year 5 (1 pt.). 5. In cell D23, by using cell references, calculate the price of the stock today(1 pt.). Note: For this particular step, use actual values in your exponents --- do not use cell references in the exponents.

Answers

The price that would be estimated for Halliford stock will be $68.39.

How to calculate the stock price?

Growth rate = Rate of return × Retention rate

Year 1 EPS = $3.00

Growth rate for Year 2 and Year 3 = 25% * 100% = 25%

Growth rate for Year 4 and Year 5 = 25% * 50% = 12.50%

Growth rate for Year 6 onwards per year = 25% * 20% = 5%

In conclusion, the price that would be estimated for Halliford stock will be $68.39. The attachment is provided.

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The law of supply indicates that other things equal:.

Answers

Answer:

The law of supply is the microeconomic law that states that, all other factors being equal, as the price of a good or service increases, the quantity of goods or services that suppliers offer will increase, and vice versa.

An example of an explicit cost of production would be the a. lease payments for the land on which a firm's factory stands. b. value of the time the business could've spent producing something else. c. cost of forgone labor earnings for an entrepreneur. d. lost opportunity to invest in capital markets when the money is invested in one's business.

Answers

An example of an explicit cost of production would be the lease payments for the land on which a firm's factory stands.

What is explicit cost?

Explicit cost refers to the total expenses, expended towards the production of a product. They are expenses incurred, hence have direct impact on the purchase of factors of production.

Hence, an example of an explicit cost of production would be the lease payments for the land on which a firm's factory stands.

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What technology is used in a plough?Describe it.​

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Answer:

A plough or plow (US; both /plaʊ/) is a farm tool for loosening or turning the soil before sowing seed or planting. Ploughs were traditionally drawn by oxen and horses, but in modern farms are drawn by tractors. A plough may have a wooden, iron or steel frame, with a blade attached to cut and loosen the soil.

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As a result of the industrial revolution, steam engines could now be used to pull plows. In the early 20th century, internal-combustion-powered tractors replaced them.

What was  industrial revolution?

During the Industrial Revolution, which took place in the 18th century, scientific and technological advancements led to the industrialization of rural, agrarian cultures, particularly those in Europe and North America.

The steam engine, the age of science and mass production, and the rise of digital technology were three innovations that dramatically altered the world as we knew it.

An agrarian economy gave way to an industrial economy during the Industrial Revolution, where things were no longer exclusively manufactured by hand but also by machines.

This resulted in an uptick in output and efficiency, as well as decreased prices, a growth in goods and services, higher earnings, and a migration of people from rural to urban regions.

The advent of capitalism, European imperialism, efforts to mine coal, and the effects of the Agricultural Revolution are some of the factors that historians have recognized as contributing to the Industrial Revolution.

Water and steam power were utilised in the First Industrial Revolution to automate production. Electricity was employed by the Second to facilitate mass production. The Third automated production using electronics and information technologies.

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