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Assignment 2
Deadline: 27 /11/ 2025 @ 23:59
Course Name: Advanced Financial
Student’s Name:
Accounting
Course Code: ACCT 302
Student’s ID Number:
Semester: First Semester
CRN:
Academic Year: 1447 H (2025-2026)
For Instructor’s Use only
Instructor’s Name:
Students’ Grade:
/15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
•
The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
•
Assignments submitted through email will not be accepted.
•
Students are advised to make their work clear and well presented, marks may be reduced
for poor presentation. This includes filling your information on the cover page.
•
Students must mention question number clearly in their answer.
•
Late submission will NOT be accepted.
•
Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
•
All answers must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism.
•
Restricted – مقيد
Submissions without this cover page will NOT be accepted.
Assignment 02
Q.1 Discuss how fluctuations in exchange rates affect the operations, profitability,
and strategic decisions of multinational corporations. In your answer, analyze both
the short-term and long-term impacts, and evaluate the effectiveness of various risk
management strategies (such as hedging, currency diversification, and pricing
policies) that companies can use to mitigate exchange rate risk.
1.Use real-world examples from international firms to support your discussion
(3 Marks)
2. Given 5 journal entry examples related to exchange rate of multinational
corporations
(3 Marks)
Answer Students answer will be defferent.
Restricted – مقيد
Q.2 The Abdullah and Ahad partnership has the following plan for the distribution
of partnership net income (loss):
Particulars
Salaries
Bonus on Net Income
Interest on average Capital Balance
Remainder (if Positive Balance)
Remainder (if Negative Balance)
Abdullah
80000
6%
7%
60%
50%
Ahad
100000
12%
7%
40%
50%
Required:
Calculate the distribution of partnership net income (loss) for each independent
situation below (for each situation, assume the average capital balance of Abdullah
is $140,000 and of Ahad is $240,000).
1. Partnership net income is $360,000. (2 Marks)
2. Partnership net income is $240,000. (2 Marks)
3. Partnership net loss is $40,000.
(2 Marks)
Situation 1: Net income is $ 360,000.
Particulars
Situation 2: Net income is $ 240,000.
Restricted – مقيد
Abdullah
Ahad
Total
Particulars
Abdullah
Ahad
Total
Abdullah
Ahad
Total
Situation 3: Net loss is $40,000
Particulars
Restricted – مقيد
Q.3 Arshan and Bravo wish to form the A&B partnership. Anwar contributes land
with a book value of $ 185,000 (current value of $250,000) and a building with a
book value of $220,000 (current value of $350,000). Bravo will contribute cash. If
the partners plan to share profits and losses equally after the formation of the
partnership and assuming they have agreed to equal capital contributions, how much
cash will Bravo have to contribute to form the partnership? Pass Journal entry to be
recorded in A&B Firm.
Answer:
Restricted – مقيد
(3 Mark)
College of Administrative and Financial Sciences
Assignment 2
Deadline: 27 /11/ 2025 @ 23:59
Course Name: Advanced Financial
Student’s Name:
Accounting
Course Code: ACCT 302
Student’s ID Number:
Semester: First Semester
CRN:
Academic Year: 1447 H (2025-2026)
For Instructor’s Use only
Instructor’s Name:
Students’ Grade:
/15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
•
The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
•
Assignments submitted through email will not be accepted.
•
Students are advised to make their work clear and well presented, marks may be reduced
for poor presentation. This includes filling your information on the cover page.
•
Students must mention question number clearly in their answer.
•
Late submission will NOT be accepted.
•
Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
•
All answers must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism.
•
Restricted – مقيد
Submissions without this cover page will NOT be accepted.
Assignment 02
Q.1 Discuss how fluctuations in exchange rates affect the operations, profitability,
and strategic decisions of multinational corporations. In your answer, analyze both
the short-term and long-term impacts, and evaluate the effectiveness of various risk
management strategies (such as hedging, currency diversification, and pricing
policies) that companies can use to mitigate exchange rate risk.
1.Use real-world examples from international firms to support your discussion
(3 Marks)
2. Given 5 journal entry examples related to exchange rate of multinational
corporations
(3 Marks)
Answer Students answer will be defferent.
Restricted – مقيد
Q.2 The Abdullah and Ahad partnership has the following plan for the distribution
of partnership net income (loss):
Particulars
Salaries
Bonus on Net Income
Interest on average Capital Balance
Remainder (if Positive Balance)
Remainder (if Negative Balance)
Abdullah
80000
6%
7%
60%
50%
Ahad
100000
12%
7%
40%
50%
Required:
Calculate the distribution of partnership net income (loss) for each independent
situation below (for each situation, assume the average capital balance of Abdullah
is $140,000 and of Ahad is $240,000).
1. Partnership net income is $360,000. (2 Marks)
2. Partnership net income is $240,000. (2 Marks)
3. Partnership net loss is $40,000.
(2 Marks)
Situation 1: Net income is $ 360,000.
Particulars
Situation 2: Net income is $ 240,000.
Restricted – مقيد
Abdullah
Ahad
Total
Particulars
Abdullah
Ahad
Total
Abdullah
Ahad
Total
Situation 3: Net loss is $40,000
Particulars
Restricted – مقيد
Q.3 Arshan and Bravo wish to form the A&B partnership. Anwar contributes land
with a book value of $ 185,000 (current value of $250,000) and a building with a
book value of $220,000 (current value of $350,000). Bravo will contribute cash. If
the partners plan to share profits and losses equally after the formation of the
partnership and assuming they have agreed to equal capital contributions, how much
cash will Bravo have to contribute to form the partnership? Pass Journal entry to be
recorded in A&B Firm.
Answer:
Restricted – مقيد
(3 Mark)
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