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Handbook: Derivatives and hedging

The gain on the forward contract ($5,075) is based on the change in forward rates during the period (0.0510), discounted at a 6% annual rate to July 31, 2017, and is recognized in other comprehensive income. The two-month amortization of the premium on the forward...

Understanding Top Down Budgeting Vs Bottom Up Approaches

In this circumstance, we are comparing the initial draft budget from various individual department templates. These high-level targets should then be shared and agreed upon with your Board or key investors. Agile development, a methodology that emphasizes flexibility,...

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