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mafiozo [28]
3 years ago
8

You purchased five August 13 futures contracts on soybeans at a price quote of 1056′6. Each contract is for 5,000 bushels with t

he price quoted in cents and 1/8 ths of a cent per bushel. Assume the contract price is 1061′4 when you close out your contract six weeks from now. What will be your total profit or loss on this investment? A) $6,480.75 B) $1,187.50 C) $950.25 D) $24,000.00 E) $16,200.50
Business
1 answer:
stira [4]3 years ago
3 0

Answer:

B) $1,187.50

Explanation:

The computation of the total profit or loss on this investment is given below:

Expiration price = 1061'4  = 1061 + 4 ÷ 8 = 1061.50

Quoted price = 1056'6 = 1056 + 6 ÷ 8 = 1056.75

Now the profit is

= (1061.50 - 1056.75) × 5000 × 5

= $1,187.50

Hence, the profit on this investment is $1,187.50

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"what advantage is the company experiencing by allowing angela to telecommute?"
wolverine [178]

Telecommuting is an alternate work place arrangement like work from home, library or any place very near to home.

By allowing Angela to telecommute, company is experiencing;

A. Increased productivity

Explanation:

A 2014 Stanford study says call centers employees who work from home increase productivity by 13%

B. Reduced Turnover.

Explanation:

Employee turnover is costly proposition. When employee will work from home he will be happier and not think to leave position which can cause an add up savings for employer for a long run

C. Increased Morale.

Explanation:

It is also a turn over for a company. Employee who works from home feels himself a valuable which increases his morale. Telecommuters tend less stress and much happier than office going workers.

D. Environmental Friendly.

Explanation:

Telecommuters don't take it as a work. They enjoy it as they are free of stress.

E. Economically sound

Explanation:

Its not only telecommuters who can take financially benefits but it is estimated that company can approximately save $11000 on each employee annually.


4 0
3 years ago
What is the current GDP? (Gross Domestic Product)
DENIUS [597]
Quarterly data: Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2017, according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent.
6 0
4 years ago
A firm has a debt-to-equity ratio of 0.50 and debt equal to $35 million. The firm acquires new equipment with a 3-year operating
ipn [44]

Answer:

($35 million + $12 million) / $70 million = 0.6714

Explanation:

6 0
3 years ago
A savings account earns 8% interest. If $1,000 is invested, how many years is it until each of the following amounts is on depos
guapka [62]

Answer:

a. 4 years

b. 19 years

c. 19 years

d. 25 years

Explanation:

The number of years, n is calculated for each future value as follows :

a. $1,360

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $1,360

n = ?

Using a Financial Calculator, the number of years, n is 3.9953 or 4 years

b. $2,720

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $2,720

n = ?

Using a Financial Calculator, the number of years, n is 13.00 or 13 years

c. $4,316

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $4,316

n = ?

Using a Financial Calculator, the number of years, n is 19.00 or 19 years

d. $6,848

Pv = -  $1,000

Pmt = $ 0

P/y = 1

r = 8 %

Fv = $6,848

n = ?

Using a Financial Calculator, the number of years, n is 24.9991 or 25 years

3 0
3 years ago
This morning, DJ’s invested $238,000 to help fund a company expansion project planned for three years from now. How much additio
rusak2 [61]

Answer:

$3,842.78

Explanation:

We must determine the future value of the money invested and then calculate the difference between both return rates. We can use the future value formula: FV = present value x (1 + return rate)ⁿ

3.5% ⇒ FV = $238,000 x (1 + 3.5%)³ = $238,000 x 1.035³ = $263,874.85

4% ⇒ FV = $238,000 x (1 + 4%)³ = $238,000 x 1.04³ = $267,717.63

difference = $267,717.63 - 263,874.85 = $3,842.78

5 0
3 years ago
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