ParentCo is a calendar year domestic corporation that ordered Product X from ExternalCo (foreign corporation) on November 1, 2013. The cost of Product X is 1,000,000FC (the foreign currency denomination). They enter into an agreement for the delivery of Product X by January 31, 2014. ParentCo entered into a forward exchange contract to acquire 1,000,000FC at a forward rate of $1.23/FC on January 31, 2014. Currently, the exchange rate between U.S. and the foreign country is $1.20/FC. November 1, 2013 December 31, 2013 January 31, 2014 Spot Rate $1.20 $1.25 $1.30 Forward Rate $1.23 $1.26 $1.30 Using the applicable rates from above, explain the type of hedge that is being used and show the journal entries for all related transactions on 11/1/2013, 12/31/2013 and the 1/31/2014. In addition, show the effectiveness of the hedge. Explain how the journal entries affect the balance sheet and income statement of ParentCo (use examples to support your responses). Write a page paper – Describe the effectiveness of the hedge. Show and explain all calculations. Note: ParentCo prepares year-end financial statements on 12/31/2013.Get accounting assignment Assignment: I need help writing a research paper.
Vaccination as a Global Health Strategy: Analyzing Scientific and Statistical Perspectives
The Role of Vaccination in Combating Global Infectious Diseases: A Scholarly Review Search and Evaluate This week, you will find three scholarly, peer-reviewed research articles on your topic. These sources will serve as the foundation for a well-informed analysis of vaccination’s role in controlling infectious diseases. Remember that next week, you will submit a paper […]