44. FX gains and losses on fair value hedges are reported in ___ 45. FX gains and losses on cash flow hedges are reported in
later reported in

46. In a cash flow hedge, amounts initially reported in Other Comprehensive Income are reclassified to

47. All FX forwards are valued using the change in the

48. Split accounting encompasses both (1) the manner of
the change in a derivative's carrying value.
manner of

49. Split accounting comes into play in determining how to assess

50. In assessing hedge effectiveness, the change in a derivative's carrying value attributable to the
element may or may not be used.
change in the derivative's ___

51. Reporting in earnings currently is mandatory for that portion of a derivative's FX gain that is determined
to be ​

Which is not following is not considered a debit? a) online billing payment b) check cashed c) atm withdraws d) interest earned

Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from –2 to –3 (i.e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.