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Eva8 [605]
2 years ago
5

Today is June. Suppose you buy a futures contract for 42,000 gallons of RBOB gasoline delivered in December. The contract settle

s at $1.50 per gallon today. You decide to exit in August, when the contract settles at $1.45 per gallon. Calculate your payoff from holding the position between June and August
Business
1 answer:
kvv77 [185]2 years ago
8 0

Answer:

The payoff from holding the position between June and August is $2,100 "loss"

Explanation:

Since I had gone long on the contract and it has gone down in value, I would be having a loss. The value of the loss will be:

= ($1.5 - $1.45) x 42,000 gallon of RBOB gasoline

= $0.05 * 42,000 gallon of RBOB gasoline

= $2,100 (Loss)

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Answer:

Loss on Sale of Equipment = $10,000.

Explanation:

The gain or loss on sale of Property, plant, and Equipment is calculated by comparing Carrying Value (Cost - Accumulated Depreciation) and Sale Proceeds. The carrying value of a machine at the end of 4th year is:

CV = 78,000 - { [ (78,000 - 3,000) / 5 ] * 4} = 78,000 - 60,000 = $18,000.

<u>Calculating Gain/Loss:</u>

Gain / (Loss) = Carrying value - Sales Proceeds = 18,000 - 8,000 = ($10,000).

Because the company has sold a machine worth of $18,000 for $8,000, so it has incurred a loss of $10,000 on the transaction. This loss is recognized in the Statement of Profit or Loss.

6 0
2 years ago
A large corporation suffers from the​ principal-agent problem when​ its:
amm1812
<span>The correct answer is d. management does not own a large share of firm stock and pursues its own interests rather than those of shareholders.When management pursues its own interests, there is a conflict with the interest of the shareholders who hired the management in the first place.</span>
7 0
3 years ago
Read 2 more answers
What is teaching? name the manpower related to the teaching sector. <br><br>​
mr Goodwill [35]

Answer:

See below

Explanation:

<u></u>

<u>1. Teaching</u>

Teaching is a deliberate process of sharing knowledge and information in an organized manner and within a discipline. To teach is to provide experiences that stimulate the psychological and intellectual growth of a person.  It involves the more knowledgeable instructor, issuing guidance and instructions to another person who seeks to acquire knowledge.

Teaching takes place in schools and the out-of-school environment.

<u>2. The manpower related to teaching include,</u>

  1. The teacher: Also known as a tutor, instructor, or lecturer.
  2.  Education Administrators: Made-up of heads of leaning institutions,    education supervisors and the top management of education in a country.
  3.  Support staff in educational institutions.
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8 0
3 years ago
The ________ stage of the new-product process assesses the total "business fit" of the proposed new product with the company's m
borishaifa [10]

Answer:

Business analysis

Explanation:

The business analysis refers to the analysis of the business i.e whether the product is profitable or not it contains the attributes that the company want and the consumer wants. It should be done with the help of marketing strategy and research by their taste and preference. Is this product fits with the company mission and objectives or not

So the given situation represents the business analysis stage

5 0
3 years ago
Suppose that the market equilibrium price for a medical check-up is $50, in a market in which there is no health insurance. To e
never [62]

Answer:

a. Price ceiling

b. see graph

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d. Increases, decreases

Explanation:

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b. Take note of the price ceiling in the graph attached.

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d. Consumer surplus increase by $10, while the producer surplus decrease by $10 ($50-$40).

4 0
3 years ago
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