Answer:
a. A long position is a bet that the number is going to fall while a short position is a bet that the number will rise in the future.
Explanation:
The derivative contract is a contract in which the contract is to be done between two or more parties regarding the value i.e. depend upon the financial asset i.e. underlying. It involves the bonds, commodities, etc
So according to the given options, the option a is correct as long position is a bet in which the number is to be decline while on the other hand in the short position the number would increase
Answer:
Yes, she should buy
Explanation:
The cost price of the electronic games is $55 per unit.
The selling price is $89 per unit.
The margin is dollar = selling price - cost price
=$89- $55
=$34
As a percentage, the margin will be
=34/55 x 100
=61.82%
If her normal margin is 35%, then the offer is good for her.
Answer:
1.16
Explanation:
Given that,
Net sales = $4,000 million;
Cost of goods sold = $3,600 million;
Net income = $720 million
Average total assets = $3,450 million
Total Asset Turnover Ratio:
= Net Sales ÷ Total Average Assets
= $4,000 million ÷ $3,450 million
= 1.16
Therefore, the total asset turnover ratio of Flask Company is 1.16.
Answer:
The difference in the direct materials cost per equivalent unit between the two months is $0.70.
Explanation:
First calculate the direct cost per equivalent unit in September
Direct cost per equivalent unit = Total Cost / Total Equivalent units
= $12,000 / 7,500
= $1.60
<u>Difference between the two months.</u>
September = $1.60
Less August = ($0.90)
Difference = $0.70
1.Computer software
2.Operate fax machines
3.Answer routine letters and email
