What is the net impact on Werners net income for the quarter ended March 31, 2009, as

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What is the net impact on Werner’s net income for the quarter ended March 31, 2009, as a result of this forward contract hedge of a firm commitment? LO9

a. $-0-.

b. $ 1,250 increase in net income.

c. $1,500 decrease in net income.

d. $ 1,500 increase in net income.

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Muhammad Salman Alvi

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