Question
Need help on question C ,show work for part C. Thanks! b. Reconcile to the forward rate at the forward contracts inception the net cash
Need help on question C ,show work for part C. Thanks!
b. Reconcile to the forward rate at the forward contracts inception the net cash received for both the settlement of the receivable and the settlement of the forward-contract derivative.
Net cash received from settlement of the receivable and forward-contract derivative is:
c. What amount of sales was recognized in the quarter ending December 31, 2021?
What amount of sales was recognized in the quarter ending March 31, 2022?
What is the total amount of sales recognized across the quarters ending December 31, 2021, and March 31, 2022?
Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated accounts receivable, weakening \\$US ignore discounting. a For settlement on January 15, 2022 \\( { }^{b} \\) Ignore discounting in the computation of fair values. Note: If no entry is required, select \"No entry\" as your answers under Description and leave the debit and credit answers blank (zero). Hedged Transaction b. Reconcile to the forward rate at the forward contract's inception the net cash received for both the settlement of the receivable and the settlement of the forward-contract derivative. Net cash received from settlement of the receivable and forward-contract derivative is: \\( \\$ \\) c. What amount of sales was recognized in the quarter ending December 31,2021 ? \\( \\$ \\) What amount of sales was recognized in the quarter ending March 31, 2022? \\( \\$ \\) What is the total amount of sales recognized across the quarters ending December 31, 2021, and March 31, 2022? Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated accounts receivable, weakening \\$US ignore discounting. a For settlement on January 15, 2022 \\( { }^{b} \\) Ignore discounting in the computation of fair values. Note: If no entry is required, select \"No entry\" as your answers under Description and leave the debit and credit answers blank (zero). Hedged Transaction b. Reconcile to the forward rate at the forward contract's inception the net cash received for both the settlement of the receivable and the settlement of the forward-contract derivative. Net cash received from settlement of the receivable and forward-contract derivative is: \\( \\$ \\) c. What amount of sales was recognized in the quarter ending December 31,2021 ? \\( \\$ \\) What amount of sales was recognized in the quarter ending March 31, 2022? \\( \\$ \\) What is the total amount of sales recognized across the quarters ending December 31, 2021, and March 31, 2022Step by Step Solution
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