The potential profit if the future contract on the index for the stock is priced at $1350 will be $39.45.
<h3>What is potential profit?</h3>
The ability or the capacity of an individual or a group to potentially earn higher amount of monies in the future trading transactions during a given financial period, is known as potential profit.
The computation of potential profit will be such that the return at the rate of 3.8% would have a given a maximum return of $48.9 annually($24.45 in 6 months); however, the index after 6 months is priced at $1350.
Potential Profit= 91350-1335+24.450 = $39.45
Hence, the potential profit is as computed above.
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Answer:
1. No journal entry required
2. No journal entry required
3 Dr Loss $470,000
Cr Contingent liability $470,000
Explanation:
Preparation of the journal entry to Record any amounts as a result of each of these contingencies
1. Based on the information given we were told that The likelihood of the payment is reasonably possible which means that contingent liability amount was not recognized and therefore NO JOURNAL ENTRY IS REQUIRED
No journal entry required
2. Based on the information given we were told that Environmental Printing was expecting to win the case and be awarded the cash amount involved which means NO JOURNAL ENTRY IS REQUIRED reason been the CONTINGENT GAIN will not be recognized until the amount is received.
No journal entry required
3. Contingent liability was recorded because the payment is reasonably possible and Estimated.
Dr Loss $470,000
Cr Contingent liability $470,000
I believe the answer would be A, Athletes and Entertainers because if you take a look at football players and basketball players, ect., you'l see that they make a large sum of money. Entertainers such as Carrot Top or Seth Myers earn a lot of money as well, but it depends on your material and resources.
Have a great day!
-Pepetreefrogthe2nd
Its primary market is a(n) business market, but it also sells to a(n) consume market.
<h3>
What are Primary Markets?</h3>
The primary market is where debt-based, equity-based, or other asset-based securities are created, written, and sold off to investors. It is a part of the capital market where new securities are created and are directly purchased by the investors from the issuer.
The key function of the primary market is to facilitate capital growth by enabling individuals to convert savings into investments. It facilitates companies to issue new stocks to raise money directly from households for business expansion or to meet financial obligations.
I understand that the question you are looking for is :
Cube Company sells small refrigerators. It usually sells these refrigerators to hotels and offices. However, sometimes its customers choose to buy their refrigerators because they do not have a lot of room for a full-size refrigerator in their houses and apartments. Its primary market is a(n) _____________ market, but it also sells to a(n) _____________ market.
Select one:
a. business; consumer
b. business; demographic
c. business; industrial
d. consumer; business
e. industrial; target
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