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Please answers aas many as possible, no explanation needed. 10. Jofree Company ordered spot rate was $,27 per AUD. A two-month forward contract AUDs at

Please answers aas many as possible, no explanation needed.

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10. Jofree Company ordered spot rate was $,27 per AUD. A two-month forward contract AUDs at a forward rate of $.26 per AUD. On October 12h costing 100,000 AUDs from a foreign supplier on Aug was signed on that date to pu , when the parts received parts th e terms of the forward contract and p 3.25 per AUD. On October 18, Jofree fulfilled the termsof ere eeived AUDs for $.26 each. At what amount should A) $24,000. B) $25,000. C) $26,000 D) $27,000. 11. You have decided to take a Spring Break trip to Paris, France. Assume that today's exchang equals .76 euros. The French trav el company wants you to prepay for your trip (airfare inclucded accepts euros. The travel agent is asking for 1400 curos per person. Ignoring brokerage fees, he dollars will you need to exchange to prepay for your trip? A) $1,400 B) $1,064 C) $1,091 D) $1,842 contract, the company typically agrees to buy or sell a cutrency A) B) at whatev when the exchange rate er the spot rate is on some specified date in the future reaches a set amoun D only if i is profitable to do so relative to buying or selling at the spot rate price on a specific date 13. Jackson Inc. (A US company) purchased beer from a company in Ireland on December 14h, 2016 50 spot rate had changed to $1.31. $1.29 each and then paid them to the statements should report a foreign exchange gain or loss for the years spot rate for the Euro was $1.30. Jackson's year-end is December 31*, when th 31. On February 15th, 2017 Jackson purchased Euros at the spot rate that da Euros, repot ae company in Ireland. For this series of events, Jackson Inc's inc om ended December 31, 2016 and 201 2017 Jacksonp in of A) $500 loss B) C $500 loss D $500 gain 2017 $1,500 gain $2,000 los $1,000 gain $1,500 gain $500 gain 14. Which of the following approaches is used in the United States in accounting tor foreign currency A) One-transaction perspective, defer foreign exchange gains and losses. B) Two-transaction accrue foreign exchange C) Th D) One-transaction perspective; accrue foreign exchange gains and losses. 15. Assume that during 2018 that the Canadian dollar ree-transaction perspective, defer foreign exchange gains and losses. gains and losses. Which of these people is most likely to be lkl to be 1 bo inCanada owners who depend upon tourism from Canada. gnificantly relative to the U.S dollar. Orlando-area hotePlan to purchas about home in Arizona. C Matthew Wright, Chris mas tree grower in Nova Scotia, Canada who makes 85% of his sales to er of sake from Japan for distribution throughout North Amernca

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