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
The country in which an International company has its primary headquarters and the larger consumer base is called its
sattari [20]
I feel that economic would be the one that makes sense to me could be wrong though hope this helps
7 0
3 years ago
Which of the following are all strategies for improving productivity in​ services? A. high​ interaction, mass​ customization, se
MissTica

Answer:

E. ​separation, self-service,​ automation, and scheduling.

Explanation:

Increase in productivity in a business aims to increase the efficiency of an individual or process involved in production of useful output.

Strategies for improving productivity includes separation, self-service,​ automation, and scheduling.

When there is seperation in services available to a customer, they easily identify the most relevant one to them.

Self service gives control of the process to the customer, resulting in greater satisfaction.

Automation reduces the turnaround time of processes and refocuses labour to more complex activities. So production efficiency increases.

Scheduling reduces time wastage by assigning time to complete activities.

4 0
2 years ago
Chang, Inc.'s balance sheet shows a​ stockholders' equity-book value​ (total common​ equity) of ​$750 comma 500. The​ firm's ear
Artist 52 [7]

Answer:

The​ price/book ratio is 2.45

This price/book ratio indicates that the Chang, Inc company has 2.45 higher market value of the stock than the book value of the equity

Explanation:

For computing the price/book ratio, we have to apply the formula which is shown below:

= Market price of equity ÷ book value of equity

where,  

the market value of equity = firm's earnings per share × price/earnings ratio × number of outstanding common stock shares

= $3.00 × 12.25 × 50,000 shares

= $1,837,500

And, the book value of equity is $750,500

Now put these values to the above formula

So, the answer would be equal to

= $1,837,500 ÷ $750,500

= 2.45

This price/book ratio indicates that the Chang, Inc company has 2.45 higher market value of the stock than the book value of the equity

4 0
3 years ago
At March 31, the end of the first month of operations, the usual adjusting entry transferring prepaid insurance expired to an ex
babymother [125]

Answer:

A and B

Explanation:

A) income statement

insurance expense-understand net income-overstated

B) balance sheet

prepaid insurance -overstated stockholders equity -overstated

6 0
3 years ago
The PE ratio: Assuming Net Income for the year is $250,000, what is the net cash flows from operating activities given the follo
solmaris [256]

Answer:

Net operating cash flow = $189,250

Explanation:

Particulars                                    Amount$

Net income                                    250,000

Add:depreciation expense           9,500

Add:loss on sale of asset              1,250

Add:increase in salary payable    19,500

Less:increase in prepaid rent       (27,500)

Add:increase in AP                        29,500

Less:increase in inventory            <u>(93,000)</u>

Net operating cash flow              <u>$189,250</u>

4 0
2 years ago
Other questions:
  • Seamus has to conduct market research on the viability of his​ company's new product. while planning his research he needs to de
    15·1 answer
  • Petra, a plant manager, received an e-mail from the CEO stating that the company will now be focusing on customer service. The e
    6·1 answer
  • What is letter of credit?​
    14·1 answer
  • Can someone please help me with this
    8·1 answer
  • Service scripts help MOST specifically to foster _____.
    15·1 answer
  • The answer is already there, this is for the peeps who need it... What are human resources?
    14·1 answer
  • Comfy Clothing is thinking of hiring Tom. If hired, he can increase total production by 100 units a week. He would cost the firm
    7·1 answer
  • Midwest Fabricators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $
    6·1 answer
  • Liquidity is best defined as the ease of converting an asset into cash. the direct exchange of goods and services for other good
    12·1 answer
  • A ________ is a story of how the firm will create value for customers and, more important, how it will do so profitably.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!