In a hedge of a forecasted transaction, gains or losses on derivative instruments prior to the occurrence of the actual transaction should be reported as

a. a component of stockholders' equity

b. a component of other comprehensive income.
c. an extraordinary item.
d. income from continuing operations.

b

Business

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Global marketing does not necessarily mean operating everywhere since there are forces affecting global integration and global marketing. Justify this statement using examples based on the world economic trends

What will be an ideal response?

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According to President Obama, "The more American companies export, the more they produce. And the more they produce, the more people they hire–and that means more jobs."

Indicate whether the statement is true or false

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