This information reports activity related to Amgens cash flow hedges. a. Explain how this type of hedging
Question:
This information reports activity related to Amgen’s cash flow hedges.
a. Explain how this type of hedging works. Provide an example of how Amgen might use this type of hedging strategy.
b. How did the hedges affect net income for 2015?
c. If these same hedges had instead been fair value hedges, what amount would have been added to AOCI for the year?
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Related Book For
Financial Statement Analysis And Valuation
ISBN: 9781618532336
5th Edition
Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers
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