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