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Use tive follawing information on the U.S. dollarvalue of the pound sterling to answer the question: forward contract to buy E100,000 on August 16,2024 .

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Use tive follawing information on the U.S. dollarvalue of the pound sterling to answer the question: forward contract to buy E100,000 on August 16,2024 . On August 16, the compary purchases {100,000 using the forward contract, and pays the puppler. The conpanys accounengyear ends fune 30 , and in sels the merchandise in september 2024 How witi the company report the forward contract on iss fune 30,2024 bylance sheet? Select one: a. 51.300 asset b. 11,300 laatility c. \$1,000 asset d. 81,000 Wablify

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