Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the change in fair value for an interest rate swap

The change in fair value for an interest rate swap that is used by Maverik...

80.2K

Verified Solution

Question

Accounting

The change in fair value for an interest rate swap that is used by Maverik Co. to hedge cash flow risk is recorded as an increase or decrease to which of the following accounts?

Group of answer choices

Long-term debt

Deferred loan costs

Derivative asset or liability

Other retained earnings

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A 65 year old Caucasian female with a PMHx of COPD (Emphysema) presents to the emergency...

Medical Sciences
Q

Select one of these: Observe young children between the ages of 2-8 and the adults with whom...

Psychology
Q

Listen Which statement represents the best explanation for the observation that the nuclear DNA of...

Biology
Q

Natural selection is based on all of the following except the best adapted individuals tend...

Biology
Q

An Elongated Pentagonal Orthocupolarotunda is a polyhedron with exactly 37 faces, 15 of which are...

Geometry
Q

The management of the producers of a famous hot sauce estimate that their profit (in...

Basic Math
Q

Find the average value of f over the region D.f(x, y) = 4xy, D is...

Calculus
Q

Add 12 60 15 40 17 49 j 76 17 49 j 76 17 49...

Algebra
Q

Richport Company manufactures products that often require specification changes or modifications to meet customer needs....

Accounting
Q

Jestion 23 ot yet swered arked out of 2.00 Flag question You are give the...

Accounting
Q

Present value of $1 Periods 4% 6% ...

Accounting
Q

The Lumen Lamps Manufacturing Company (LLMC), headquartered in Louisville, Kentucky, is considering opening an assembly...

Finance