Answer:
The answer is 5000 future contracts
Explanation:
Solution
Given that:
Royal Dutch buys ethanol fuel from Brazilian energy company
Nowm,
The Required coverage = 500,000,000
The BRL/USD futures contract size = 100,000
Number of contracts required = 500,000,000/100,000
So,
= 500,000,000/100,000 = 5000
Therefore, the optimal number of BRL/USD futures contracts for Shell to take to receive the entire amount of Real at delivery is 5000
Answer:
The value of GDP in dollars = $74600
Explanation:
Given the GDP (gross domestic product) of Australia = 100000 AUD
Given the exchange rate, 1.34 AUD = $1.
Since we have given the total amount of GDP for Australia and exchange rate. Now we have to calculate the value of Australian GDP in the dollars. We can find this by dividing the total GDP with 1.34 AUD.
The value of GDP in dollars = 100000 / 1.34 = $74626.86 or $74600.
Answer:
Amount of change in millions (Revenue) = $1,339 (Increase)
Percent of change = 0.08178 = 1.88 % (Approx)
Explanation:
Given:
Current Previous
Revenue $72,618 $71,279
Find:
Amount of change in millions = ?
Percent of change = ?
Computation:
⇒ Amount of change in millions (Revenue) = Current year revenue - Previous year revenue
⇒ Amount of change in millions (Revenue) = $72,618 - $71,279
⇒ Amount of change in millions (Revenue) = $1,339 (Increase)
⇒ Percent of change = Amount of change in millions (Revenue) / Previous year revenue
⇒ Percent of change = $1,339 / $71,279
⇒ Percent of change = 0.08178 = 1.88 % (Approx)
Answer:
It is provided that the consultant works for $200 per hour.
Since, for the exchange of her services as a consultant she gets to be paid through $200 monetary benefit, such benefit will not arise in case of growing of vegetables.
Currently she grows vegetables only for her needs, thus, she do not sell them commercially, and also as provided she is not good ion growing vegetables,
The chances of earnings through sale of vegetables is less, as the quality and quantity both served will be low.
Also for exchange of money $200 she can buy all the resources she needs to live, but as she will not be able to earn this much from sale of vegetables, she will not find the economic equilibrium from such sale.
Therefore, she should continue to work as a consultant.
