Answer:
$10 profit
Explanation:
In this question, we are asked to calculate the profit or loss to a short position.
Firstly, we identify that the spot price of market index is $900.
Now, a three months forward contract equals a value of $930.
Raising the index to $920 at the expiry date is obviously a profit to the short position.
To calculate the profit here, we simply subtract the index at expiry date from the three months forward contract.
Mathematically, this is equal to $930-$920 = $10 profit
Answer:
$56,000 Favorable
Explanation:
The computation of the flexible-budget amount for variable manufacturing overhead is shown below
The Budgeted machine hours per unit os
= 24,000 ÷ 8,000
= 3
The Budgeted machine hours allowed for 8,500 units is
= 8,500 × 3
= 25,500
Now the Budgeted variable overhead rate per machine hour is
= $288,000 ÷ 24,000
= $12.00
Now
Flexible-budget amount is
= 25,500 × $12.00
= $306,000
So, the Flexible-budget variance is
= $250,000 - $306,000
= $56,000 Favorable
Answer:
integrated marketing communications
Explanation:
integrated marketing communications involves the use ofmany different channels by businesses to deliver a clear and consistent message.
All marketing tools, approaches and resources are used to maximise impact on the mind of the consumer, while focusing on reducing cost.
Right major tools of intergrated marketing communication are advertising, sales promotion, personal selling, public relations, direct marketing, events and experiences, social media marketing, and mobile marketing.
Answer:
a. the demand curve will become flatter
Explanation:
<u>a. the demand curve will become flatter</u>
This means it will become more price sensitive and increases and decreases in the gasoline price will generate a greater increase or decrease in the quantity demanded over time.
<u>b and d without the precise formula for demand we can't be sure</u> that the new elasticity will impact the current equilibrium. It could happen or it could not.
c.- the demand curve will flatter, it will change it shape, not the location.