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 is the amount of option expense for 2019 from these transactions?
A. $2,500.
B. $0.
C. $1,000.
D. $2,600.
E. $1,600.
Answer: E
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Consider Figure 6.3. With free trade, Iraq purchases ______________ computers at a price of $______________ and realizes $______________ of consumer surplus from the availability of computers.
a. 30, $3,000, $25,000
b. 30, $3,000, $35,000
c. 30, $3,000, $45,000
d. 30, $3,000, $55,000
Information collected in the census is collected:
A) by a long form sent to part of the citizens with the rest receiving a shorter form B) internally at the Bureau of the Census C) totally by sampling the citizenry D) by a short form only and everyone receives the same census form to complete E) only from those citizens having Internet access
Which of the following is a tenant's right?
A. The tenant has the right to commit waste on the property and expect the landlord to fix or repair the damage. B. The landlord is not entitled to enter the leased property without the tenant's consent, unless the lease specifies this. C. The tenant has the right to exclusive possession of the property only if there is an explicit warranty of possession and habitability. D. The landlord cannot act under an express lease provision and enter the leased property.
Answer the following statements true (T) or false (F)
1. Critical thinkers employ a variety of methods to arrive at decisions. 2. The scientific method process is just as important in OB research as it is in any other research field. 3. OCB stands for organizational corporate behavior. 4. The group or team level is the most basic level of an organization. 5. All levels of analysis may have an influence on employee performance.