Hedge accounting is a method of accounting for which the
a. gains and losses from a hedge are deferred until the hedge is completed.
b. debits and credits are managed to keep the cash account stable
c. derivatives revenues and expenses are recorded so as to exactly balance
d. gains and losses on derivatives are shown before the hedge is terminated
e. none of the above
a
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One weakness of the internal rate of return financial metric is that larger projects tend to have higher internal rates of return.
Answer the following statement true (T) or false (F)
What is the most common source of feedback in the 360-degree feedback process?
a. downward feedback (from superiors) b. lateral feedback (from peers) c. upward feedback (from subordinates) d. outside feedback (from customers)
_______________ is seeking solutions from consultants, competitors, and other successful firms, and ___________________ is a process of hiring experts who bring their knowledge to the firm.
What will be an ideal response?
On January 4, Year 1, Barber Company purchased 5100 shares of Convell Company for $60,500 plus a broker's fee of $1020. Convell Company has a total of 25,500 shares of common stock outstanding and it is presumed the Barber Company will have a significant influence over Convell. During each of the next two years, Convell declared and paid cash dividends of $0.85 per share, and its net income was $73,000 and $68,000 for Year 1 and Year 2, respectively. What is the book value of Barber's investment in Convell at the end of Year 2?
A. $89,720. B. $88,720. C. $52,850. D. $81,050. E. $61,520.