Answer:
Nothing socialism is hell!
Explanation:
Answer:
a. Long
b. $375.00
Explanation:
a. If interest rates decrease over the period of investment, Treasury bond prices will increase. Thus, Dudley Savings Bank should take a long position in the futures contracts on the Treasury bonds. As T-bond prices go up, so will T-bond futures prices.
b. Given a long position:
Net profit = Sale price of futures − Purchase price of futures
= $107,687.50 − $107,312.50 = $375.00
Purchase price of futures = 107 − 100 = 107 10/32% × $100,000 = $107,312.50
Sale price of futures = 107 − 220 = 107 22/32% × $100,000 = $107,687.50
Explanation:
Answer:
The equivalent units for conversion costs= 6,912 units
Explanation:
<em>The weighted average method of valuation would be used to determine the the equivalent units for conversion costs</em>
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked. </em>
Equivalent unit = Degree of completion × Units of inventory
<em>Items units Equivalent unit</em>
Completed unit 3,300 3,300× 100 = 3.300
Closing work in progress 4,300 4,300× 84%= <u>3,612
</u>
Total equivalent units <u>6,912
</u>
The equivalent units for conversion costs= 6,912 units
The quadratic function that best models the developing economies' share of the global GDP as a function of the number of years
Paying rent, paying for food, maintaining health care.
