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Ulleksa [173]
3 years ago
15

Which of the following best explains what a futures contract is?

Business
1 answer:
Ronch [10]3 years ago
4 0

Answer:

B. A contract setting the price and date for a commodity purchase

Explanation:

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The Morrit Corporation has $1,080,000 of debt outstanding, and it pays an interest rate of 11% annually. Morrit's annual sales a
alukav5142 [94]

Answer:

3.020

Explanation:

Morrit Corporation

interest amount = $1,080,000*.11 = $118,800

Net profit = 3% *$6,000,000= $180,000

Net profit + tax = profit before tax =

180000/.75 = 240000

Profit before tax + Interest = Earning before interest and tax

= $240,000+$118,800 = $358,800

TIE ratio= EBIT/Interest = $358,800/118,800

= 3.020

Therefore the TIE ratio is 3.020

7 0
3 years ago
How do you think each of the following affected the world price of oil? (Use basic demand and supply analysis.)
My name is Ann [436]

The correct answer is the following.

A) Tax credits were offered for expenditures on home insulation. Affected the demand by decreasing it and the price decrease.

B) The Alaskan oil pipeline was completed. Affect the increase of supply and the price and the price decreases.

C) The ceiling on the price of oil was removed. Affect the decrease in demand and the price varies.

D) Oil was discovered in the North Sea. Affect the supply by increasing it and the price decreases.

E) Sport utility vehicles and minivans became popular. Affect the increase of the demand and the price increases.

F) The use of nuclear power decreased. Affect the increase of the demand and the price increases.

Many variables affect the price of oil. International prices are modified constantly and countries should have their provisions in order to prevent drastic changes to their economies due to the fluctuation of international oil practices. The important thing to consider is that not only economic factors affect the price of oil, but also political factors.

6 0
3 years ago
you have to wait until it says i posted it 1 minute ago if answer before u will be elminated 2 more to go
Blizzard [7]

Answer:

GG

Explanation:

GG

7 0
3 years ago
Read 2 more answers
As a service dimension increases in importance, a customer's zone of tolerance _____ and his or her desired and adequate service
MrRa [10]
As a service dimension increases in importance, a customer's zone of tolerance narrows <span>and his or her desired and adequate service levels increase.
Customers who likes service oriented business, will expect that they will be treated as a true king by the business providers. This will make the service provider to increase its level of services and place the customers convenience above all else</span>
7 0
3 years ago
Farrugia Corporation produces two intermediate products, A and B, from a common input. Intermediate product A can be further pro
algol13

Answer:

Farrugia Corporation

a. The amount made from processing one batch of the common input into the end products X and Y:

$2 ($95 - $93)

Explanation:

a) Data and Calculations:

Intermediate products = A and B

Intermediate product A processed into end product X

Intermediate product B processed into end product Y.

Cost of purchase of common input = $36

Cost of processing a batch to produce intermediate products A and B = $15

Further processing of product A into X will cost = $14

Further processing of product B into Y will cost $28

Sales price of X = $32

Sales price of Y = $64

Total price for X and Y = $95

Total cost for X and Y:

Purchase of a batch =             $36

Cost of batch processing =       15

Cost of further processing A:   14

Cost of further processing B:  28

Total cost =                             $93

The company makes $2 ($95 - $93) from processing one batch of the common input into the end products X and Y.

8 0
3 years ago
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