Hedge Instrument and Interim Reporting are the sections i have not answered.

Spot Rate Forward Rate 11/1/2013 $1.20 $1.23 12/31/2013 $1.25 $1.26 1/31/2014 $1.30 $1.30 HedgeCo is interested in purchasing 1,000 of Product Z from OverSeas Inc. HedgeCo is very concerned about two issues: 1) rate will make an unfavorable change before the purchase takes place. Select a hedge and explain your selection. Use the appropriate account names for your journal entry. Hedge Type Reasoning for Selection Journal Entry Account Name DR CR Decscribe Fin ned about two issues: 1) that the price of Product Z will change and 2) the exchange your selection. Use the exchange rates above to make your journal entry. Select Decscribe Financial Statement Effect of each account movement Instructions: Perform all quantitative tests for segment reportability. Show all calculatons within the cells of this worksheet sure that you properly label each test. HedgeCo Segment Data Income By Segment Revenues Sales-External Sales-Internal Interest Income Total Revenues Expenses Cost of Sales Marketing Interest Expense Total Expenses Segment Profit Assets 1 2 3 4 $102,787 $37,904 $2,704 $143,395 $278,544 $30,037 $3,982 $312,563 $471,573 $79,406 $1,763 $552,742 $298,972 $47,717 $3,458 $350,147 $3,798 $6,533 $1,489 $11,820 $131,575 $205,574 $2,193 $3,208 $1,143 $6,544 $306,019 $557,088 $6,250 $12,900 $3,323 $22,473 $530,269 $471,573 $3,501 $3,755 $1,984 $9,240 $340,907 $298,972 thin the cells of this worksheet (no hard coding). Make 5 6 Totals $501,236 $22,498 $4,411 $528,145 $66,447 $54,140 $3,655 $124,242 $1,719,559 $271,702 $19,973 $2,011,234 $1,606 $2,788 $694 $5,088 $523,057 $1,002,472 $7,055 $5,322 $2,256 $14,633 $109,609 $66,447 $24,403 $34,506 $10,889 $69,798 $1,941,436 $2,602,126 Instructions: You are to prepare a list of the type of information that should appear in an interim report for HedgeCo as The list should be prioritized by reasoning that is driven primarily by case facts. The assumptions should appear lower in th Type I Data # Item 1 2 3 4 5 6 7 8 9 10 # Type II Data Item 1 2 3 4 5 6 7 8 9 10 # 1 Type III Data Item 2 3 4 5 6 7 8 9 10 ar in an interim report for HedgeCo as of 11/1/2013. I strongly suggest that you use FASB 131 as a primary source. ssumptions should appear lower in the list. Type I Data Reasoning for selection (even if it is an assumption) Type II Data Reasoning for selection (even if it is an assumption) Type III Data Reasoning for selection (even if it is an assumption) Instructions: One of HedgeCo's subsidiaries operates in a foreign country. The financial statements must be translated into U.S. dollars for financial reporting purposes. This entity has operations that are largely independent of HedgeCo (parent). Using the appropriate method, translate the financial statements into U.S. dollars. Current Exchange Rates Historical Rates (Equity) Average Rate BALANCE SHEET 12/31/2013 Assets Cash Accounts Receivable Land Building (net) Accumulated Depreciation Total Assets 1.50 0.75 1.10 FC 6000.00 2000.00 10200.00 30000.00 -30000.00 18200.00 Liabilities Accounts Payable Mortgage Payable 100.00 10000.00 Equity Common Stock Retained Earnings 100.00 8000.00 Total Liabilities & Equity INCOME STATEMENT Revenues Operating Expenses (net depreciation) Depreciation Net Income 18200.00 50000.00 -25000.00 -5000.00 20000.00