March 31, 2009, the value of the expected sale amount in dollars had decreased by $ 3,800. The fair value of the forward contract at that date had increased by $ 4,000. Which one of the following is the amount that should be recognized in other comprehensive income for the forward contract only( the hedging instrument) in Alcoco ' s quarterly financial statements as of March 31?
Question 11
Ute Co. had the following capital structure during 2004 and 2005: Preferred stock is not considered a common stock equivalent. Ute reported net income of $ 500,000 for the year ended December 31, 2005. Ute paid no preferred dividends during 2004 and paid $ 16,000 in preferred dividends during 2005. In its December 31, 2005, income statement, what amount should Ute report as earnings per share?
Question 12
A manufacturer of household appliances may incur a loss due to the discovery of a defect in one of its products. The occurrence of the loss is reasonably possible and the resulting costs can be reasonably estimated. This possible loss should be
Question 13
A hedge to offset the risk of loss on a recognized asset or liability is which of the following types of hedge?
Question 14