A forward rate agreement is based on an interest rate. One side buys the rate and the other side sells the rate. At settlement, the difference between the contractual rate and actual rate is settled by indexing the amount to a notional principal.

Which class of consumers that will be impacted by the tax cut is not a matter of fiscal policy.

When preparing the cash flow statement under the direct method, depreciation is ignored since the statement is prepared by reconstructing the income statement from a cash flow perspective.
The statement starts with cash received from customers and works its way down through the income statement.

This test uses regression analysis to examine the relationship between stock prices and earnings across many firms at a single point in time.

The movement is considered bullish.