On April 1, 2017, Manatee Company Entered into Two Forward

question 4

Multiple Choice

On April 1, 2017, Manatee Company entered into two forward exchange contracts to purchase 300,000 euros each in 90 days. The relevant exchange rates are as follows: The first forward contract was to hedge a purchase of inventory on April 1, payable on December 1. On April 30, what amount of foreign currency transaction loss should Manatee report in income?

• A) $0.
• B) $3,000.
• C) $9,000.
• D) $12,000.

Recognize the impact of damage to specific brain regions on behavior and cognitive functions.

Explain the concept of dual processing and how it relates to consciousness.

Identify the main schools of thought in psychology related to the study of consciousness.

Describe the mechanisms and effects of circadian rhythms on human functioning.

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Definitions:

Metacarpal

Bones within the hand that extend from the wrist to the base of the fingers.

Femur

The longest and strongest bone in the human body, extending from the hip to the knee.

Sternum

is the long flat bone located in the center of the chest, connecting the rib bones and serving as a support for the upper body.

Vertebra

One of the individual bones that stack to form the vertebral column (spine), providing structural support and housing spinal cord pathways.