On september 1, year 1, keefer company received an order to sell a machine to a customer in canada at a price of 100,000 canadian dollars. the machine was shipped and payment was received on march 1, year 2. on september 1, year 1, keefer company purchased a put option giving it the right to sell 100,000 canadian dollars on march 1, year 2, at a price of $75,000. keefer company properly designates the option as a fair value hedge of the canadian-dollar firm commitment. the option cost $1,700 and had a fair value of $2,800 on december 31, year 1. the fair value of the firm commitment is measured through reference to changes in the spot rate. the following spot exchange rates apply: date u. s. dollar per canadian dollar september 1, year 1 $ 0.75 december 31, year 1 0.73 march 1, year 2 0.71 keefer company’s incremental borrowing rate is 12 percent. the present value factor for two months at an annual interest rate of 12 percent (1 percent per month) is 0.9803. what was the net impact on keefer company’s year 1 income as a result of this fair value hedge of a firm commitment?

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

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answer; niosh, the national institute for occupational safety and health;

answer; because of bogus job sites,never share your dob on social media or job site,don't provide your s/s number on a web site;

answerblank(1) //inferiorblank(2) ramen noodles;