Answer:
The answer is e. the trader who commits to purchasing the commodity on the delivery date.
Explanation:
The long position in a forward position agrees to buy the stock when the contract expires. The long futures position is an unlimited profit, unlimited risk position that can be entered by the futures speculator to profit from a rise in the price of the underlying
Answer:
$428,780
Explanation:
DRACO CORPORATION
Stockholders' Equity Section of the Balance Sheet as at December 31
Preferred stock- $10 par value
($6,800×$2) $13,600
Paid in capital in excess of par- Preferred stock ($6,800 ×$44) $299,200
($46-$2)
Preferred stock- $10 par value
($1,700×$10) $17,000
Paid in capital in excess of par- Common stock ($1,700×$41) $69,700
($51-$10)
Retained earnings($78,000-$29,000) $49,000
Less: Treasury stock($340×$58) ($19,720)
Total stockholders' equity $428,780
($448,500-$19,720)
Scarcity reduces the producer's ability to manufacture a limitless number of goods, thus limiting output.
<h3>What is the production process?</h3>
Producers may have to make the difficult decision of which product to prioritize for manufacture out of a variety of items using limited resources.
Overall, a lack of resources or manufacturing inputs results in a smaller number of goods or services available on the market, which has an impact on customers by forcing them to make difficult purchasing decisions.
Therefore, when something is scarce, more people want it than can be supplied.
Learn more about, scarcity, here:
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Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the production process. The equivalent units for materials at Malcolm would be the sum of Units in beginning work in process and units started.
Answer: Option (2) is correct
<u>Explanation:</u>
The weighted average process costing system is used in case of those processes of production which are standardized.
The beginning cost of work in the process is added to the cost during the period and then it is divided by total equivalent units to arrive at the average cost per unit. Now the equivalent units for material at Malcolm would be units in the beginning work in process and the units started.
Answer:
Learning curve
Explanation:
Reference is made to the time and cost with respect to the fact that the proposed system is about the same size as others. Learning curve theory teaches to identify cost and time in relation to specific jobs
