Answer:
c. In a month when the spot price is below $25, the company will pay the difference to the counter party
Explanation:
- Since Company X uses crude oil, the company buys the swap to hedge in the swap market, so option A is not appropriate because it buys the swap, which pays the counterparty when the spot price falls below $ 25.
- so correct option is c. In a month when the spot price is below $25, the company will pay the difference to the counter party
Answer:
Sales revenue $ 710,000
Cost of goods sold $ 385,000
Gross Profit $ 325,000
Selling expense 71,000
Administrative expense 91,000
Operating Income 163,000
Non-Operating Income
Interest revenue 44,000
Gain on sale of investments 91,000
Interest expense (28,000)
Restructuring costs (67,000)
Income before taxes 203,000
Income tax expense (50,750)
Net Income 152,250
Shares outstanding 100,000
Earnings per share $1.52
Explanation:
We need to determinate gross profit.
then, the operating income therefore the interest and restructuring cost are not considered. Same goes for the gain on investment as aren't part of the business normal activities.
Answer:
a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking.
Explanation:
Since in the question it is given that that employee work for a less days or less hours prior walk off to the job again. Also the employer would claimed that the union does not have the legal right to have partial strike so here the employer is correct as the union could be do one thing at a time i.e. strike or work
So statement a is correct
If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of exporting. When you export an item you are trading an item that wsa produced in one country and bringing it to another country. The person doing this or business, Joe To Go is the exporter in the situation by selling them in India through a local retailer.
