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Marysya12 [62]
3 years ago
12

A futures contract A)is an agreement to buy or sell a specified amount of an asset at the spot price on the expiration date of t

he contract. B)is an agreement to buy or sell a specified amount of an asset at a predetermined price on the expiration date of the contract. C)gives the buyer the right, but not the obligation, to buy an asset some time in the future. D)is a contract to be signed in the future by the buyer and the seller of the commodity. E)none of the above.
Business
1 answer:
LenaWriter [7]3 years ago
4 0

Answer:

B) Is an agreement to buy or sell a specified amount of an asset at a predetermined price on the expiration date of the contract.

Explanation:

A futures contract is when the agents agree a price for a specific asset. This asset is then bought and delivered in the future at the agreed upon price. This is a legally binding contract and obligates the agents to honor their part of the contract.

Therefore, in the light of above definition only option B stands out as the right answer.

Hope that helps.

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Retained earnings: Multiple Choice Are never adjusted for anything other than net income or dividends. Represents the amount sha
kolbaska11 [484]

Answer:

Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception

Explanation:

Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.

A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.

5 0
2 years ago
Companies HD and LD have the same tax rate, sales, total assets, and basic earnings power. Both companies have positive net inco
sukhopar [10]

Answer:

Company HD pays less in taxes

Explanation:

In the case when the company HD and LD have the similar rate of tax, sales revenue,  etc even both have favorable net incomes also the company Hd contains greater debt ratio due to which it has more interest expense so that means company hd would pay less taxes

Therefore the above represent the answer

and, this is the answer but the same is not provided in the given options

5 0
2 years ago
Read 2 more answers
The corporate charter of Gagne Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first
Elanso [62]

Answer:

authorized 100,000

issued 70,000

outstanding 70,000 - 4,000 treasury stock = 66,000

Explanation:

The amount authorized doesn't change unless the company start  the legal procedure to do it.

The shares, once issued, can't be destroyed.

Te outstanding shares are the mount in the market, that will be the issued shaes less the treasury stock, which are shares in the company's possesion.

6 0
3 years ago
What is the most direct result of free trade supplying productive resources to areas where they're most needed? A. Enhanced effi
nydimaria [60]

Answer:

The correct answer to the following question will be Option A (Enhanced efficiency).

Explanation:

  • Enhanced Efficiency seems to be an innovation that decreases the probability of discharge of that same object surface. It is indeed a definitive version of an effective. The whole bonus is going to take 2 elements in such a gizmo. It could be generated in the gizmos of guns, shields, and devices.
  • It would be the most immediate consequence of direct exports providing economic assets to regions where they'll be required.

Other given choices are not related to the given scenario. So that Option A seems to be the appropriate choice.

4 0
3 years ago
After all of the account balances have been extended to the Balance Sheet columns of the end-of-period spreadsheet, the totals o
SOVA2 [1]

Answer:

This indicates that

d.the company has a net loss of $9,575 for the period.

Explanation:

a) Data and Calculations:

Total debits of the balance sheet (assets) = $28,480

Total credits of the balance sheet (liabilities + equity) = $38,055

Difference (net loss) = $9,575 ($38,055 - $28,480)

b) With the determination of the net loss of $9,575, the two sides (debits and credits) of the balance sheet will equal.  This is because the net loss of $9,575 will reduce the credits from $38,055 to $28,480.

5 0
3 years ago
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