Answer: 16 S&P 500 futures contracts
Explanation:
The number of contracts can be calculated by:
= (1 * beta) × Stock value/(Contract size * Index level)
= 1.35 × 12,000,000 / ( 250 * 3,983)
= 1.35 × 12,000,000 / 995,750
= 16 S&P 500 futures contracts
Answer:
Sales less variable production, variable selling, and variable administrative expenses.
Explanation:
On a contribution margin income statement the variable administrative and variable selling are considered as variable cost and used to determinate the contribution margin.
Contribution margin =
sales revenue - total variable cost
the fixed cost are listed below the contriution,
once subtracted from the contribution, the rest is the net income.
Answer: A firm operating across borders must deal with both foreign and international environment. Options A and B
Explanation:
International Business is a kind of business between two or more countries, that involves the trade of products and services across national borders or on a global level.
An example is the oil industry in which oil is produced by one country and sold to another. Both countries deal with both Foreign and International environments.
Solution:
The home sells for = $120000
The commission that is paid by the seller is 3 percent
Therefore, commission = 3% of $120000 = $3600
The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.
Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340
Therefore, the salesperson receives $2340 amount from the said transaction.
Answer: Orientation to internal, unique self
Explanation: In simple words, orientation refers to the process of determining the position of one self or the others with respect to a particular situation.
In the given case, Joey has to make a decision that impacts his personal life and he has to make it himself. Therefore, the confusion he is having about the decision depicts that he is at the stage of internal orientation.
