Answer questions and based on the following information Brisco Bricks purchases from is for supplier,...
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Accounting
Answer questions and based on the following information Brisco Bricks purchases from is for supplier, Bolivian Clay, on November 2017 Payment of 1,000,000 foreign currency wis (FC) is due in three months. December is Brisco's fiscal year-end. The pertinent exchange rate as follows November 2017 Spot E 3135 February 2011 S 5 1451 5. For what should Brisco Ace b e credited on November 3, 2017? b. 51,400,000 d 51.6193 e 51,666,667 chorrinchang Gano Les should r 550.000 ecord on December 11, 2017 550.000 $100.000 100.000 1 Vincent Capr ed on December 1, 2017. Payment of 750.000 wickles was to be made y Abo December 1, Vincent de contract to purchase 150.000 in sy days. Om December 2017, the spot rate was -043714, and the 60 day forward ane was 1-5052 Os December 31, the spot me was - 0.41433 and the 30-day forward was 1- 16 i meest of and a fair value hedge. The present for At what should the Forward Contract the recorded on December 1, 2017 A 033 53305 Answer questions to 11 based on the following information: Car Car S ed company) sold parts to a Monga customer o payment of 500,000 mong won to be received on January 31, 2018 The B applies b er 302011, ig Forward Rate todas Spot Rats Date November 30, MIT December 2017 3.2018 Asuming forward contract was not entered into what would be the met income statement related to this transaction? $15.00 $15,000 (los) $200 in) $200 ( t o Car Comp 2017

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