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IrinaK [193]
3 years ago
7

Part 1: You just heard a news story about mad cow disease in a neighboring country, and you believe that feeder cattle prices wi

ll rise dramatically in the next few months as buyers of cattle shift to U.S. suppliers. Someone else believes that prices will fall in the next few months because people will be afraid to eat beef. You go to the CME and find out that feeder cattle futures for delivery in April are currently quoted at 33.3. The contract size is 50,000 lbs. What is the market value of 1 contract
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
3 0

Answer:

$16,650

Explanation:

The computation for the market value of one contract is shown below:

= Size of the contract × current quoted price

where,

The Size of the contract is 50,000 lbs

and, the current quoted price  is 0.333

So, the market value of one contract

= 50,000 lbs × 33.3 ÷ 100

= $16,650

hence, the market value of one contract is $16,650

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Eva8 [605]
The U.S. Government Rental Car Program is an excellent example of a very effective working relationship between government and industry to provide quality vehicles at reasonable prices for federal travelers on official travel. U.S. Government Rental Car Agreement Number 4<span> governs the rental of vehicles (passenger cars, sports utility vehicles, station wagons, passenger vans, and small pick-up trucks) by military members, employees of the Federal Government, and employees of the United States Postal Service while in official travel status and when such rental is authorized by the Government.
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I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
3 0
3 years ago
Does retail storage with customer pick up pose any risk for distribution network?
sukhopar [10]

Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.

4 0
3 years ago
Tuity Fruity Beverage​ Company's operating activities for the year are listed below. Purchases ​$140 comma 700 Operating expense
blsea [12.9K]

Answer:

The cost of goods sold for the​ year is $134,300

Explanation:

The cost of goods sold for the​ year = Beginning inventory + Merchandise Purchased - Ending inventory

Tuity Fruity Beverage​ Company's purchases ​$140 comma 700 and has beginning inventory 12 comma 600, ending inventory 19 comma 000.

Therefore:

The cost of goods sold for the​ year = $12,600 + $140,700 - $19,000 = $134,300

3 0
3 years ago
Six equal partners own a local pizzeria. The partners have made a tremendous profit and bought many personal items such as cars,
Tanya [424]

Answer:

Money to be paid by each partner individually is $112,500

Explanation:

Let A and B are partners of a share amount Z

If A's amount is x and share of B's amount is y, then share of A is calculated as

x / (x + y) * z

Number of partners in Pizzarie is 6 with all having equal shares

Value of business is $675,000

Damage to be paid is $1.2 million

Hence, the money to be paid by each partners individually is:

= $675,000 / 6

= $112,500

Therefore, money to be paid by each partner individually is $112,500

5 0
3 years ago
Company A charges $331.35 per week for a compact car with unlimited miles. Company B charges $175 per week plus $0.53 per mile,
Ymorist [56]

Answer:

so basically anyhting over 295 :)

Explanation:

331.35 = 175 + (0.53m)

156.35 = 0.53m

295 = m

3 0
3 years ago
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