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dolphi86 [110]
3 years ago
9

Convergence property implies that on the delivery day,

Business
1 answer:
damaskus [11]3 years ago
6 0

Answer:

C.

Explanation:

Convergence property strictly implies that on the delivery day the observed futures price equals the observed spot price. In the markets these two prices must converge, If this does not happen, then this creates an arbitrage opportunity which ultimately brings with it the possibility for a risk-free profit, which is the act of buying an asset and immediately selling the same asset for a higher price.

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Necesito saber si es cierto o falso
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Explicación:

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A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for 10,000 and paid 750 for the frei
prisoha [69]

Answer:

The correct option is A:

cost of goods sold        10,750

merchandise inventory                 10,750

Explanation:

When goods are bought for resale,the total cost of the goods bought is usually the invoice price paid as well as the cost of bringing in the goods i.e freight,hence the cost of the goods sold here is the invoice price of $10,000 plus the freight of $750,giving total cost of $10,750

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The correct option is first one with cost of goods sold debited with $10.750 and merchandise inventory credited for $10,750

4 0
3 years ago
Income statement. Construct the Barron​ Pizza, Inc. income statement for the year ending 2015 with the following information ​(t
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Explanation:

The construction of the income statement for the year ending 2015 is attached in the attachment. Kindly find it below:

As we know that the income statement records only the revenue and the expenses for the particular year

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= Net income ÷ Shares outstanding

and the same is shown in the attachment        

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Why should you prepare some questions to ask during the interview?
Monica [59]

Answer:

A good interview question does two things: It lets the interviewer know you put some thought into your questions. It increases your knowledge allowing you to assess further if this position and company are the right fit for you.

ex: What are the next steps in the interview process?

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