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Collin's Pool Service files a Form 944 to report its payroll tax liability.Line 5 had a total of $2,648.96.Part 2 contained the following information:
What amount belongs in box 13m?
Cash Flow Hedge
A strategy used by companies to manage the risk associated with fluctuation in cash flow due to changes in foreign exchange rates, interest rates, or commodity prices.
Forward Contract
A contractual agreement to buy or sell a particular commodity or financial instrument at a pre-determined price at a future date.
Spot Rates
The existing market value at which one can buy or sell a currency for instant delivery.
Selling Price
The set amount of money for which a product or service is sold to customers.
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