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lubasha [3.4K]
2 years ago
7

Southland farm sold ten september futures contracts on wheat. Southland farm will:______.

Business
1 answer:
Oliga [24]2 years ago
8 0

Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.

<h3>What is the payment?</h3>

Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.

In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

Read more about payment

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Prerequisite 1  

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3 years ago
Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the product
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The NRV is the Selling price less the cost to sell.

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Costs to sell                $ 9                $ 72              $ 26

NRV                             $ 79               $ 96              $ 92

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