1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
faust18 [17]
3 years ago
13

Yesterday, you entered into a futures contract to sell €62,500 at $1.50 per €. Your initial performance bond is $1,500 and your

maintenance level is $500. At what settlement price will you get a demand for additional funds to be posted?
A. $1.5160 per €.
B. $1.208 per €.
C. $1.1920 per € .
D. $1.1840 per €.
Business
1 answer:
yaroslaw [1]3 years ago
6 0

Answer:

A. $1.5160 per €.  

Explanation:

1500+62500*(1.50-x)<=500

=>x>=1.5+(1500-500)/62500

=>x>=1.516

Therefore, at a settle price of $1.5160 per euro or more additioanl funds demand will be there.

You might be interested in
Angelica and Celeste invested all their savings in a small pizzeria they opened outside the University of Missouri. They operate
Lunna [17]

Answer:

The correct answer is letter "A":  Lose their personal assets as the result of their company's financial problems.

Explanation:

A general partnership is the type of business that is set in a form in which all the individuals involved in the ownership of the business share the assets, profits, and legal liabilities. General partnerships are said to be <em>unlimited liable </em>since the <em>personal assets of the individuals involved can be taken into consideration in front of business obligations</em>.

6 0
3 years ago
Read 2 more answers
Prep for Success is an educational services company that specializes in preparing students for selective private school entrance
Veseljchak [2.6K]

Answer:

big data

Explanation:

Big data refers to structured and unstructured large data sets that can be used to analyze patterns and trends relating to human behavior and interactions. Big data will enable organizations like Prep for Success to better tailor their products/ services and marketing strategies in order to meet the needs of their customers and promote business growth.

7 0
3 years ago
A specific parcel of real estate has a market value of $160,000 and is assessed for tax purposes at 75% of market value. The tax
Whitepunk [10]

Answer:

$4,800

Explanation:

property taxes are calculated using the assessed value, in this case the county will use $160,000 x 75% = $120,000

if the tax rate is 4% of assessed value, then the total property tax bill = $120,000 x 4% = $4,800

Generally, property taxes are collected by counties or municipal governments and they are used to fund school districts, libraries, fire departments, parks, etc.

8 0
3 years ago
The Shady Farm Milk Company can process milk at a fixed rate of 5000 gallons/hour. The company’s clients request 103000 gallons
Rudiy27

Answer:

On average, the client will have to wait for 20.6 hours to receive their product

Explanation:

The client will receive their order after their request has been fully processed. This can be expressed as;

Total quantity to be processed=fixed processing rate×number of processing hours

where;

Total quantity to be processed=103000 gallons

fixed processing rate=5000 gallons/hour

number of processing hours=h

replacing;

103,000=5,000×h

h=103,000/5,000

h=20.6

On average, the client will have to wait for 20.6 hours to receive their product

6 0
3 years ago
A project with an initial investment of $461,300 will generate equal annual cash flows over its 10-year life. The project has a
SVEN [57.7K]

Answer:

The minimum annual cash flow required to accept the project is:

= $63,883.17

Explanation:

a) Data and Calculations:

Initial investment cost of the project = $461,300

Project's estimated life = 10 years

Project's required return rate = 8.1%

The minimum annual cash flow required to accept the project is derived from an online financial calculator as follows:

N (# of periods)  10

I/Y (Interest per year)  8.1

PV (Present Value)  461300

FV (Future Value)  0

Results:

PMT = $63,883.17

Sum of all periodic payments = $638,831.69

Total Interest = $177,531.69

5 0
3 years ago
Other questions:
  • Suppose you own 500,000 shares of common stock in a firm with 40 million total shares outstanding. The firm announces a plan to
    8·1 answer
  • Texas Oil Company (TOC) paid $3,000,000 for an oil reserve estimated to hold 50,000 barrels of oil. Oil production is expected t
    14·1 answer
  • Ruth gives Seth a computer as a gift. Using the computer, Seth develops a new game, for which he obtains intellectual property p
    8·1 answer
  • Thyme, Inc. owns 16,000 of Sage Co.'s 20,000 outstanding common shares. The carrying value of Sage's equity is $500,000. Sage su
    13·1 answer
  • A __________ is a group of products that are closely related because they satisfy a class of needs, are used together, are sold
    5·1 answer
  • Cabell Products is a division of a major corporation. Last year the division had total sales of $25,320,000, net operating incom
    8·1 answer
  • The bowed shape of the production possibilities frontier can be explained by the fact that
    6·1 answer
  • For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $2,060,000 $4,019,000 $4,085,00
    13·1 answer
  • The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 300 units at $5 each on January 1.
    9·1 answer
  • The following items appear on the balance sheet of a company with a one-year operating cycle. Identify the proper classification
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!