On December 16, 2018, R Company sold flowers to a Venezuelan firm. Payment of 1,000,000 bolivar is due on February 14, 2019. Concurrently, R paid 4,000 cash to acquire a 60-day put option for 1,000,000 bolivares. 12/16/1812/31/182/14/19 Spot rate.16.15.147 Strike price.16.16.16 FV of put option4,00013,30013,000 

a.The December 31, 2018 accounts receivable amounted to? 

b.December 31, 2018, the foreign currency contract value of the option amounted to? 

c. December 31, 2018, net foreign exchange gain or loss amounted to? 

d.The February 4, 2019 expiration date, net total foreign exchange gain or loss amounted to? 

e.The February 14, 2019 expiration date, the foreign contract value option amounted to?

Answer rating: 100% (QA)

a The December 31 2018 accounts receivable amounted to 1000000 bo... View the full answer