Xerxes Manufacturing,in its first year of operations,produces solar panels which are sold through large building supply and home improvement stores.Xerxes' year-end results include the following: 
You are preparing Xerxes' first year tax return.Xerxes has elected a calendar year as its tax accounting period and the accrual method.What additional information would you need to prepare the tax return?
Definitions:
Futures
Standardized contracts to buy or sell a specific asset at a predetermined price at a specified future date, used for hedging or speculation.
Forwards
A contract between two parties to buy or sell an asset at a specified price on a future date.
Swaps
Agreements to exchange two securities or currencies.
Profiling An Option
This term is not widely recognized in standard financial terminology. NO.
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