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Crazy boy [7]
3 years ago
6

Commodity and derivative markets: ____________.a. are additional sources of financing for corporate projects. b. enable the fina

ncial manager to adjust a firm's exposure to various business risks. c. are always over-the-counter markets. d. deal only in foreign currencies.
Business
1 answer:
IgorLugansk [536]3 years ago
5 0

Answer:

b. enable the financial manager to adjust a firm's exposure to various business risks.

Explanation:

The commodity and derivative markets are the tools of the investment where it permits the investors to take the profit from the specific commodities without taking the possession.

So as per the given options, the option B is correct as it also enables the financial manager for managing the exposure of the firm for the different types of business risk

Therefore the option B is correct

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g sold their home (sales price $960,000; cost $260,000). All closing costs were paid by the buyer. Mitch and Michelle owned and
Llana [10]

Answer:

$700,000

Explanation:

Data provided in the question

Sales price of the home = $960,000

Cost price of the home = $260,000

Based on the above information,

The computation of the amount of gain included in gross income is shown below:

= Selling price of the home - cost price of the home

= $960,000 - $260,000

= $700,000

Hence, the amount of gain i.e $700,000 is included in the gross income

5 0
3 years ago
Identify and explain the three basic steps strategy formulation
inn [45]

The first three steps in the strategic management process are part of the strategy formulation phase. These include analysis, strategy formulation, and goal setting. The final two steps in strategic management constitute implementation.

I hope this helps it’s all I know

7 0
2 years ago
Auditors-Are-Us LLC, audited the financial statements of LINKCO Industries, a private company, for the year ended December 31, 2
Finger [1]
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4 0
3 years ago
In 2016, the TransUnion Company had consulting revenues of $1,000,000 while costs were $750,000. In 2017, TransUnion will be int
Bezzdna [24]

Answer:

$90,000

Explanation:

In this question, we compare the net income and the difference should be reported

In the first case, the net income is

= Revenue - expense

= $1,000,000 - $750,000

= $250,000

In the first case, the net income is

= Revenue - expense

where,

Revenue is = $1,000,000 + $150,000 = $1,150,000

And, the expenses is $750,000 + $60,000 = $810,000

= $1,150,000 - $810,000

= $340,000

So, the net profit is increased by

= $340,000 - $250,000

= $90,000

7 0
2 years ago
A company developed the following per-unit standards for its product: 2 gallons of direct materials at $8 per gallon. Last month
Radda [10]

Answer:

$880 favorable

Explanation:

The computation of direct materials price variance for last month is shown below:-

Direct material price variance = Actual quantity × (Standard price - Actual price)

= 2,200 × ($8 - ($16,720 ÷ 2,200)

= 2,200 × ($8 - 7.6)

= 2,200 × $0.4

= $880 Favorable

Therefore for computing the direct materials price variance for last month we simply applied the above formula.

4 0
3 years ago
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