Opportunity often comes and it is a potential situation that a firm is equipped to take advantage of.
<h3>What is Opportunity?</h3>
Opportunity are potential that equipped a firm to take advantage of opportunities .
This is related to market, as it helps analyse external opportunities.
Therefore, opportunity often comes and it is a potential situation that a firm is equipped to take advantage.
Learn more on market opportunity here,
<em>brainly.com/question/8493674</em>
Answer:
0.6
Explanation:
Correlation r = 0.9,
Standard deviation of monthly change in price of commodity A, σA = 2,
Standard deviation of monthly change in price of commodity B, σB = 3
The hedge ratio will be calculated using the formula
Hedge ratio=r×σA÷σB
Hedge ratio=0.9×2÷3
Hedge ratio = 0.6
Therefore, the hedge ratio used when hedging a one month exposure to the price of commodity A is 0.6.
Answer:
Explanation:
Sales: 850,000
Variable Cost: (850,000*60%) = <u>510,000</u>
Contribution Margin = 850k-510k= <em>340,000</em>
Fixed cost = 174,000
Depreciation = <u>75,000</u>
Earnings Before Taxes = <em>91,000</em>
Taxes (30%) = <u> (27,300)</u>
<h3>Net Income <u>
63,700</u></h3>
Answer:
Cost of goods sold= $410
Explanation:
Giving the following information:
November 1: 5 units for $20 each.
On November 2, they purchased 10 units at $22 each.
On November 6, they purchased 6 units at $25 each.
On November 8, they sold 18 units for $54 each.
The company uses LIFO (last in, first out) as an inventory method.
Cost of goods sold= 6units*25 + 10units* 22 + 2units* 20= $410
Answer:
C) Louis has not accepted and there is no contract.
Explanation:
In this scenario, Laura offered to sell Louis a tract of land. The offer was complete and certain as to all material terms but the offer stated that a telegraphed acceptance was required. Within a reasonable time, Louis telephoned Laura to accept but this doesn't translate to acceptance because Louis has not done the needful to present or send a telegraphed acceptance.
Hence, in this situation, Louis has not accepted and there is no contract yet.
Under the Uniform Commercial Code (UCC), an offer has been accepted only when Louis (the offeree) performs the requisite act by Laura (the offerer).
In this case of selling a tract of land, a telegraphed acceptance is the authorized and authentic means of communication of acceptance.
Additionally, a Uniform Commercial Code (UCC) is a legal principle, regulations and standard set of laws for transactions of business between two or more parties.
