When referring to foreign-currency transactions, hedging is a process in which: a company wagers that the currency of one country will rise relative to its own. a company wagers that the currency of one country will fall relative to its own. a company sells the same product in various countries at similar prices to minimize the currency risks associated with any particular country. a company protects itself from losing money in one transaction by engaging in a counterbalancing transaction. Kristen, Jessica, and Roger are partners. Their capital balances are $50,000, $65,000, and $100,000, respectively, and they share profits and losses by a 3:3:4 ratio. Kristen has decided to withdraw from the partnership. An appraisal indicates that some of the assets of the partnership should be revalued. The appraisal amounts are detailed in the table below. Jessica and Roger will share profits and losses by a 3:4 ratio after Kristen's withdrawal. Refer to Case 12.6. What is the total capital for the partnership after the assets are revalued? $150,000 $320,000 $110,000 $215,000 The receipt of a cash dividend: increases assets and increases paid-in-capital. increases assets and increases retained earnings. has no effect on assets or total equity. increases assets and decreases stockholders' equity