Name the specific passageway of the previously named bone that the black arrow is pointing to: _______

Name the specific depressed area of the previously named bone that the pointer is resting in. _______

The idea of relative purchase power parity suggests that interest rates earned by investors in different countries will drive the exchange rates in the long run.  

Certain balance sheet accounts of a foreign subsidiary of the Crater Co. had been stated in U.S. dollars as follows:     Stated at   Current Rates   Historical Rates Accounts receivable−current $ 310,000     $ 324,000   Accounts receivable−long term   150,000       167,000   Prepaid insurance   90,000       98,000   Goodwill   115,000       121,000   Totals $ 665,000     $ 710,000     If the U.S. dollar is the functional currency of this subsidiary, what total amount should be included in Crater’s balance sheet in U.S. dollars?                         A)    $688,000.                        B)    $696,000.            C)    $710,000.            D)    $665,000.            E)    $679,000.

 A bundle of goods in China costs 49000 Yuan but costs $8300 here in the USA. Inflation is expected to be 2.5% in China but 3.2% here in the USA. The absolute purchasing power parity exchange rate is ______ USD per Yuan. (Round to 2 digits behind the decimal.)

What do these 2 bones represent? _______

Name the specific portion of the previously named bone that I am holding. _______

A forward contract may be used for which of the following?1) A fair value hedge of an asset.2) A cash flow hedge of an asset.3) A fair value hedge of a liability.4) A cash flow hedge of a liability.

There is no firm evidence that China has been manipulating its currency. 

To account for a forward contract cash flow hedge of a foreign currency-denominated asset or liability at initiation date requires which of the following?