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
Arte-miy333 [17]
3 years ago
13

You purchased one corn future contract at $2.29 per bushel. What would be your profit (loss) at maturity if the corn spot price

at that time were $2.10 per bushel? Assume the contract size is 5,000 bushels and there are no transactions costs.
Business
1 answer:
Evgesh-ka [11]3 years ago
3 0

Answer: Loss of $950

Explanation:

You bought the contract at $2.29 per bushel.

The corn contract at the time was actually $2.10.

You bought the futures contract for more than the spot price for the same time period so this is a loss.

Loss = Loss per unit * number of units

= (2.29 - 2.10) * 5,000

= 0.19 * 5,000

= $950

You might be interested in
Which savings account can a financial institution end?
Elan Coil [88]
Callable Certificate of Deposit is a type of savings account that a financial institution can terminate.
6 0
4 years ago
In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of t
Delicious77 [7]

This is a false statement

8 0
4 years ago
The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all th
joja [24]

The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team is the <u> Stage Manager </u>.

<h3>What is a Stage Manager ?</h3>

A Stage Manager supports and organizes all the different teams involved in the day-to-day running of a theatre production from rehearsals right through to performances and then post-show.

They liaise and communicate with the full company and organize each team to ensure the smooth running of a production.

During the rehearsal process the stage manager is responsible for:

  • communicating with all members of the team.
  • keeping daily reports and logs.
  • taking notes.
  • keeping track of blocking.

Therefore, we can conclude that the Stage Manager  is responsible for various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team.

Learn more about Director’s on:

brainly.com/question/15410575

#SPJ4

5 0
2 years ago
Which of the following statements is correct?
Eddi Din [679]

Answer:

The correct answer is D

Explanation:

Under the periodic inventory system, the companies evaluate the COGS (Cost of goods sold) at the end of the accounting year or the fiscal period. And the details of the goods on hand which are not available, in this system.

And under the perpetual inventory system, this offer better control over the inventories rather than the periodic inventory system. And this system requires the COGS (Cost of goods sold) to be acknowledged at the time of sale and it contain the more accurate value of goods on hand.

Therefore, the statement which is correct is that the perpetual inventory system, offer better control over inventories.

5 0
3 years ago
What does a money market account offer that a certificate of deposit (CD)
ruslelena [56]

Answer: A. You can withdraw money at any time.

Explanation:

4 0
3 years ago
Other questions:
  • The true owners of a corporation are the _______.
    14·2 answers
  • From the 1970s through the 1990s, the relative price of a college education has increased greatly. During the same time period,
    7·1 answer
  • Florida Berry Basket harvests early-season strawberries for shipment throughout the eastern United States in March. The strawber
    14·1 answer
  • the interest paid on bonds issued by the united states government is less than the interest on many other forms of investment. Y
    9·1 answer
  • On March 1, 2021, Bearcat lends an employee $16,000. The employee signs a note requiring principal and interest at 12% to be pai
    7·1 answer
  • a strategy tool that guideline resources allocation on the basis of market share and growth rate of single business units is
    6·1 answer
  • In order to make an informed career decision, a high school student will want to:
    5·2 answers
  • You are replacing a team’s leader and have noticed a number of team norms. If you are wondering how certain behaviors got establ
    11·2 answers
  • Carolyn bought 200 shares of stock at $30 per share ($6,000 total). She paid $3,000 in cash and borrowed $3,000 from the brokera
    8·1 answer
  • Which category of physical infrastructure management is concerned with providing the required it resources at the right time, at
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!