Answer:
The trader has incurred a loss because the price of crude oil futures has increased.
Loss = (Today's closing price - Yesterday's closing price) * 10 * 100
Loss = (57 - 55.30) * 100 Per contract
Loss = $170 per contract
Loss for 10 contracts = 170 * 10 = $1,700
Now the account balance = Current margin balance - Loss for 10 contracts
The account balance = 28,000 - 1,700
The account balance = $26,300
Maintenance margin for 10 contracts = 2,500 * 10 = $25,000
Since the account balance is greater than the required maintenance margin for 10 contracts, the investor is not required to deposit money into the margin account.
Explanation:
Ok I did and can you help me pls woth some questions
The term that best fits the blank is PRODUCT message. This is classified as a product message because it focuses on the use of the UPS (Uninterrupted Power Supply). In the product message, this includes the message the involves the product itself related to its performance, ability, design, and price.
Answer:
This periods end assets to be overstated
Explanation:
As inventory is summarized in the assets if the final inventory is overstated it will generate an overstate in the following years.
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Tax relief on business expenses.
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Total control of your business and name.
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