Heinz uses 2000 tons of corn syrup each year as an ingredient in its tomato ketchup products.

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Heinz uses 2000 tons of corn syrup each year as an ingredient in its tomato ketchup products. Heinz is concerned about the increase in prices ofcorn-based products and purchases afixed-price contract to buy corn syrup at $ 20 comma 000

$20,000 per ton. What is the impact on earnings before taxes as opposed to no hedging if the price of corn is $ 15 comma 000

$15,000 per ton over the nextyear?

Posted Date: May 19, 2024 10:08 AM

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Heinz uses 2000 tons of corn syrup each year as an ingredient in its tomato ketchup products.

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