Answer:
Loss of $397,100
Explanation:
The price in future contract is $99.91 per barrel, and actual price is $60.20
The loss per barrel = $99.91 - $60.20 = $39.71
Total loss = 10 contracts * 1000 barrels * loss of $39.71 per barrels =
= 10*1000*$39.71 = $397,100
Lydia could take lots of people's signatures that agrees with her. is there even a medically reason why they have to wear white shoes?
Answer:
The maximizing profit strategy
Explanation:
When companies decides to use mathematical process in determining pricing, they are opting for profit maximizing strategy. Profit maximization is the situation in sales whereby profit are highest. Calculus is usually used in calculating the profit maximizing number of units produced. The level of output chosen for profit maximization is when the marginal cost equals the marginal revenue. This is the level at which the price is determined. Profit maximization analysis is a mathematical approach that helps organizations determine the price and output level that returns the greatest amount of profit.
Answer:
Answer//// Tom Cotton owes Sams garage;//////////////////
Explanation:
Answer:
Palmona Co Journal entries
1.
Jan-01
Dr Petty cash 150
Cr Cash 150
2.
Jan-08
Dr Postage expense 35
Dr Merchandise inventory 14
Dr Delivery expense 16
Dr Miscellaneous expenses 24
Cr Cash 89
3. Jan-08
Dr Postage expense 35
Dr Merchandise inventory 14
Dr Delivery expense 16
Dr Miscellaneous expenses 24
Cash 89
4.
Jan-08
Dr Petty cash 300
(450-150)
Cr Cash 300
Explanation:
1. To establish petty cash fund
2.To record reimbursement
3.To record reimbursement
4. To record increase in fund balance from 150 to 450
