User Account

All Pages

Which rate abc india import transaction will be taken up

Assignment Help Financial Accounting
Reference no: EM132931202

Problem i. Indian foreign exchange market is quoting USD/INR spot 73.30/73.32 (73.30/32). ABC India has received USD 5 mn today. At which exchange rate this inward remittance will be converted into INR?

Problem ii. L & T Ltd has a USD account with State Bank of India. They have to pay their import bill in JPY. USD/JPY is quoted at 109.40/109.45 (109.40/45). At which rate ABC India's import transaction will be taken up?

Reference no: EM132931202

Questions Cloud

What is the eay for the sixty-day t-bill : What is the EAY for the 60-day t-Bill, and the 90-day CD issued 30 days ago? A 60 day T-Bill with a quoted yield ( banker's discount ) of 4.65%
Prepare the journal entries on dunbar company books : Prepare the journal entries on Dunbar Company's books, assuming that it uses the net price method to record its merchandise.
What was the shared goal of group : Describe a positive experience that you have had working in groups or on teams in the past. What made the team exceptional? What was the shared goal of group?
Which rate the import payment will be taken up : L & T will be paying the Swiss seller from its USD account with Citi Bank, Mumbai. At which rate this import payment will be taken up?
Which rate abc india import transaction will be taken up : Which rate ABC India's import transaction will be taken up? L & T Ltd has a USD account with State Bank of India. They have to pay their import bill
Calculate juan tax liability assuming elects the exclusion : Calculate Juan's tax liability assuming he elects the exclusion option for his foreign earned income. Juan is a single individual who works for Doctors.
Prepare journal entries on insto books to record preceding : Prepare journal entries on Insto books to record the preceding information, including the adjusting entry at the end of the year and payment of note at maturity
Is it possible to convert ileum into urobilinogen : If the situation requires it, How does unconjugated bilirubin get to the terminal when it's in this state? Is it possible to convert ileum into urobilinogen
Differences between budgeted income and expenses : Question - Explain the significance differences between budgeted income and expenses as opposed to budgeted cash flows

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd