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Shtirlitz [24]
3 years ago
15

Suppose that there are no storage costs for crude oil and the interest rate for borrowing or lending is 5% per annum. How could

you make money if the June and December futures contracts for a particular year trade at $60 and $66, respectively
Business
1 answer:
mario62 [17]3 years ago
5 0

Answer:

$4.50

Explanation:

In order to make a profit from the futures contracts, it would be appropriate to take a long position in the  June futures contract(buy) and take a short position in the December futures contract.

The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.

loan repayment=$60*(1+5%/2)=$ 61.50  

In December, sell crude oil at $66 and repay the loan principal and interest

profit=$66-$61.50=$4.50

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Help me and I will give you 30 Brainliest if your answer is correct.
kotegsom [21]

Answer:

She could work as a trash person, taking garbage out and destroying it. She could work as a chef, cooking food for hungry people. She could be a homeless shelter worker, and help people find homes.

Explanation:

Huma services cluser is things that you would do for humans outside. Things like trash people take out other's trash a dispose of it all. Making them a human services person!

Hope this helps! Plz mark as brailiest!

5 0
2 years ago
A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year,
Sophie [7]

Answer:

The appropriate answer is "$22,305".

Explanation:

The given values are:

Estimated uncollectible,

= $22,750

Credit balance in allowance,

= $445

Now,

The bad debt expense will be:

= Estimated \ uncollectible-Credit \ balance \ in \ allowance

By substituting the values, we get

= 22750-445

= 22305 ($)

5 0
2 years ago
Compared to a corporation, a partnership is more difficult and expensive to establish.
barxatty [35]
The answer should be False.
3 0
3 years ago
Is a decline in the value of the real against the us dollar good for embraer, bad for embraer, or a mixed bag? explain your answ
avanturin [10]

The decline in value of the real towards the U.S. greenback changed into precise for Embraer due to the fact the components for the nearby jets cost much less once they were translated into reals, making it tremendously reasonably priced to produce. therefore, Embraer's earnings margins have been high.

A decline in value takes place in any 12 months in which the modern market fee of actual assets is less than its adjusted base year price as of the lien date, January 1.

A depreciating asset is an asset that has a restrained powerful existence and may fairly be predicted to say no in value over the time it's miles in use. equipment, gadgets,s and different gadgets along with computer systems and books are depreciating property.

For example, if an asset is used 40% of the time for a non-public motive, the deduction for its decline in value is decreased by 40%. The decline in fee of positive property costing $300 or less may be the value, this is, you may be entitled to an immediate deduction.

Learn more about the decline in value here

brainly.com/question/25297296

#SPJ4

3 0
1 year ago
Which of the following is not commonly regarded as being part of a firm’s credit policy? a. Credit period b. Collection policy c
Alex
D!!! All of the above
6 0
3 years ago
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