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ratelena [41]
3 years ago
13

Exercise of a currency futures option results in Multiple Choice 1) a long futures position for the call buyer or put writer. 2)

a short futures position for the call buyer or put writer. 3) a long futures position for the put buyer or call writer. 4) a short futures position for the call buyer or put buyer.
Business
1 answer:
mote1985 [20]3 years ago
8 0

Answer:

3. a long futures position for the put buyer or call writer

Explanation:

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Advantages of profit maximization​
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Profit can be used to invest in research & development. ...
Profit enables the firm to build up savings, which could help the firm survive an economic downturn.
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3 years ago
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in a printing job, the cost of producing a thousand brochures was GH3500.The publisher decided to sell these brochures at 125% g
aksik [14]

1000 Brochures making cost = GH3500

Profit = 125%

= 125/100×3500

= 4375

Profit = 875

Each brochures = 4375/1000

= 4.375

Therefore each brochures will be sold at GH 4.375

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8 0
2 years ago
भबड़े भाई ने शुरू मे पढाई का कैमा डर दिखलाया -
igomit [66]
Bade bhai sahab umar bhar ek hi darje mein pade rehne ka dar kyu dhikata tha .
5 0
3 years ago
If a budgetary reporting system provides adequate reports, but the reports are not analyzed and acted upon:
dalvyx [7]

Answer:

The control has been implemented but is not operating effectively.

Explanation:

Budgetary control in finance can be regarded as the management of income as well as expenditure. It involves comparison of actual income/ expenditure with the planned income/ expenditure on regular basis so that it will be easier to know if there is need for corrective action. It should be noted that if a budgetary reporting system provides adequate reports, but the reports are not analyzed and acted upon, then there is implementation of control already but there is no effective operation.

6 0
3 years ago
Shown below are selected data from the financial statements of the Supreme Company. (Dollar amounts are in millions, except for
Yuki888 [10]

Answer:

a. Gross profit rate =   Gross profit / sales

                              = <u> $710,000 * 100</u>

                                       $1,230,000

                              =  57.72%

b. <u>Supreme Operating Income </u>

Gross Profit                           $710,000

Operating expenses             <u>(440,000)</u>

Operating Profit                    <u> 270,000</u>

<u />

c. Return on Asset  =   Return/  Average Asset

                                =   <u>$390,000 * 100 </u>

                                       $4,000,000

                             =   9.75%

d. Return on equity  =   Return / Average equity

                                 =   <u>$390,000 * 100 </u>

                                        $2,400,000

                               =      16.25%

e. Price-earnings ratio  =  Market price per share / earnings per share

                                       =   $88/ $4  

                                       =  22

Explanation:

Computation of Gross profit

                                                $'000

Net Sales                                1,230

Cost of goods sold                 <u>(520)</u>

Gross Profit                              710  

3 0
3 years ago
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