What is the net impact on Dos Santos Companys 2009 net income as a result of this

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What is the net impact on Dos Santos Company’s 2009 net income as a result of this hedge of a forecasted foreign currency purchase? LO9

a. $-0-.

b. $400 decrease in net income.

c. $1,000 decrease in net income.

d. $1,400 decrease in net income.

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Advanced Accounting

ISBN: 9780073379456

9th Edition

Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle

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