Answer:
a. A long position is a bet that the number is going to fall while a short position is a bet that the number will rise in the future.
Explanation:
The derivative contract is a contract in which the contract is to be done between two or more parties regarding the value i.e. depend upon the financial asset i.e. underlying. It involves the bonds, commodities, etc
So according to the given options, the option a is correct as long position is a bet in which the number is to be decline while on the other hand in the short position the number would increase
Ok, so not too sure if this will answer you’re question, but let’s give it a go anyway. Approach this question with logic, though the original asking price was 235k it sold for 210k. Subsequently this would make the market value of the property 210k.
I believe the answer is A or $210,000
___ now command about 45 percent of all retail sales in the United States.
Franchises
Answer:
Selling price= $10,632
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (307,200/48,000) + 2.8
Predetermined manufacturing overhead rate= $9.2 per direct labor hour
Job X941:
Total direct labor-hours 300
Direct materials $ 600
Direct labor cost $ 5,500
<u>Now, we can determine the total cost of Job X941:</u>
Total cost= 600 + 5,500 + 300*9.2
Total cost= $8,860
<u>Finally, the selling price:</u>
Selling price= 8,860*1.2
Selling price= $10,632
Answer:
Dividends paid is $2 millions
Explanation:
The change in retained earnings during the year can be calculated by taking the difference between the opening and the closing balance which is calculated as under:
Change in Retained Earnings = $420 million - $395 million = $25 millions
The change in retained earnings during the year is the share of Net income retained by the company which means the remainder amount which is not retained by the company is Dividend paid.
And
Dividends paid = $27 million Net Income - $25 million Earnings Retained
Dividends paid = $2 millions