A limited-liability company extends the concept of personal-asset protection to small business owners.
Answer the following statement true (T) or false (F)
True
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You are investigating the employee turnover rate. Which data collection method is the most appropriate one to use?
a. extant data review b. observation c. survey d. interview
In which step of the selling process are salespeople most likely to take advantage of multimedia technologies to support their verbal message?
A) prospect B) preapproach C) follow-up D) qualify E) sales presentation
What is an association and an association role?
What will be an ideal response?
On October 1, 2018, Eagle Company forecasts the purchase of inventory from a British supplier on February 1, 2019, at a price of 100,000 British pounds. On October 1, 2018, Eagle pays $1,800 for a three-month call option on 100,000 pounds with a strike price of $2.00 per pound. The option is considered to be a cash flow hedge of a forecasted foreign currency transaction. On December 31, 2018, the option has a fair value of $1,600. The following spot exchange rates apply:DateSpot RateOctober 1, 2018$2.00 December 31, 2018 1.97 February 1, 2019 2.01 ?What journal entry should Eagle prepare on October 1, 2018??EventGeneral JournalDebitCreditA)Cash 1,800 Foreign Currency Option 1,800 B)Forward
Contract 1,800 Cash 1,800 C)Foreign Currency Option 1,800 Gain on Foreign Currency 1,800 D)Loss on Foreign Currency 1,800 Cash 1,800 E)Foreign Currency Option 1,800 Cash 1,800 A. Option C. B. Option B. C. Option E. D. Option A. E. Option D.