This information reports activity related to Amgens cash flow hedges. a. Explain how this type of hedging

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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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Financial Statement Analysis And Valuation

ISBN: 9781618532336

5th Edition

Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers

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