On March 1, 20X2, McBride Ltd - Assume That the Transaction Qualifies as a Fair-Value Hedge

question 20

Multiple Choice

On March 1, 20X2, McBride Ltd. issued a purchase order to Tao Heavy Machines (Singapore) Inc. to acquire a drilling machine for $400,000 SGD. On the same day, McBride entered into a forward contract to receive $400,000 SGD on July 31, 20X2. The machine was delivered on June 1, 20X2, and payment was made July 31, 20X2. McBride has an April 30 year-end. The following information has been provided: $\begin{array}{|l|c|c|}\hline \text { Date } & \text { Spot Rate } & \text { Forward rate to July } 31,20 \times 2 \\\hline \text { March } 1,20 \times 2 & .7686 & .7810 \\\hline \text { April } 30,20 \times 2 & .7702 & .7818 \\\hline \text { June } 1,20 \times 2 & .7940 & .7985 \\\hline \text { July } 31,20 \times 2 & .7995 & \text { n/a }\\\hline \end{array}$

- Assume that the transaction qualifies as a fair-value hedge. What is the cost of the hedge?

• A)$2,200
• B)$4,640
• C)$4,960
• D)$6,680

Identify the subject and predicate within various categorical propositions.

Differentiate between the components of a proposition, such as quantifiers, subjects, predicates, and copulas.

Classify propositions according to their quality (affirmative or negative) and quantity (universal or particular).

Analyze the structure and logic behind standard form categorical propositions.

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Definitions:

Bilirubin

A yellow compound formed by the breakdown of hemoglobin in red blood cells, processed by the liver, and can indicate health issues when found in high concentrations in the bloodstream.

Globin

Protein portion of hemoglobin.

Heme

Oxygen-carrying, color-furnishing part of hemoglobin.

Thrombocytes

are blood cells, also known as platelets, involved in blood clotting.