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Burka [1]
2 years ago
14

Today's settlement price on a Chicago Mercantile Exchange (CME) yen futures contract is $0.8011/¥100. Your margin account curren

tly has a balance of $2,000. The next three days' settlement prices are $0.8057/¥100, $0.7996/¥100, and $0.7985/¥100. (The contractual size of one CME yen contract is ¥12,500,000). If you have a long position in one futures contract, the changes in the margin account from daily marking-to-market, will result in the balance of the margin account after the third day to be?
Business
1 answer:
DIA [1.3K]2 years ago
6 0

Answer:

$2,325

Explanation:

$2,325 = $2,000 +¥12,500,000 *[(0.008011 - 0.008057) + (0.008057 - 0.007996) + (0.007996 - 0.007985)]

=$2,000 + ¥12,500,000 *)[(0.008011 - 0.007985)]

$0.8011/¥100 = $0.008011/¥

Hence:

$0.8057/¥100 = $0.008057/¥

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Pharoah Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,600 Purchase of treas
Alla [95]

Answer:

See below

Explanation:

The computation of net cash provided is seen below

Proceeds from issuance of common stock

147,900

Less:

Purchase of treasury stock

($40,100)

Less:

Dividend payment

($89,600)

Less:

Retirement of bonds

($110,000)

Cash flow used by financing activities

($91,800)

3 0
3 years ago
________ measures the percentage of sales revenue a firm is able to retain after all expenses are deducted from gross revenues.
coldgirl [10]

Net Profit Margin measures the percentage of sales revenue a firm is able to retain after all expenses are deducted from gross revenues.

What is Net Profit Margin?

A financial measure called net profit margin can be used to determine what much of a company's total revenue is profit. It gauges how much net profit a business makes for every dollar of revenue generated. The ratio of net profit to total sales, stated as a percentage, is known as the net profit margin.

Net profit is determined by subtracting all business costs from net income. A percentage is the outcome of the profit margin computation; for instance, a 10% profit margin indicates that for every $1 in revenue, the company makes $0.10 in net profit. Revenue represents the entire sales of the company in a period.

To know more about Net Profit Margin refer:

brainly.com/question/16788690

#SPJ4

8 0
2 years ago
The terms “sales” and “marketing” can be used interchangeably.<br><br> True<br> False
kvv77 [185]

Answer:

False

Explanation:

Sales is all about you: your products, your services, and your business. Marketing on the other hand, is all about your customers. Whether inbound, outbound, or all around, it's all about them. Although not interchangeable, the sales and marketing are definitely interwined.

7 0
3 years ago
The December 31, 2015, balance sheet of Schism, Inc., showed $141,000 in the common stock account and $2,660,000 in the addition
Nutka1998 [239]

Answer:

cash flow: negative 170,000

Explanation:

The stockhodlers cashflow will be the result of compare the cash inflows and cash outflows.

To Calculate this, we will treat the dividend and treasury stocks as cash inflow(remember we are checking from the point of view of the stockholders) as they rgant cash to the stockholders.

Then the stock isued will be treat as negative, as it is a cash outflow for the stockholders.

paid in capital 2015:

141,000 + 2,660,000 = 2,801,000

paid in capital 2016:

151,000 + 2,960,000 = 3,111,000

Difference (issued shares)

3,111,000 - 2,801,000 = 310,000

The stockholders contribute with 310,000 dollas

dividends paid: 146,000

net cash flow:

140,000 - 310,000 = 170,000

7 0
3 years ago
Piels Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the producti
Zinaida [17]

Answer:

It is cheaper to produce

Explanation:

Cost of producing

Direct materials - 90000

Direct labor - 130000

Variable factory overhead - 60000

Fixed factory overhead - 60000

Total cost - 340000

Cost of buying `10000*36 = 360000

Incremental cost of buying = 360000-340000 = $20,000

It is cheaper to produce at 340000/10000 = $34 /unit

In making a decision whether to buy or manufacture , variable cost and the  avoidable costs are considered relevant for this purpose

4 0
3 years ago
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