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3 years ago

Define futures contract.

1 answer:

6 0

A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange

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An investor purchased 100 shares of stock X at \small 6\frac{1}{8} dollars per share and sold them all a year later at 24 dollar

Salsk061 [2.6K]

Answer:

option (C) 280%

Explanation:

Number of shares of stock X purchased = 100

Purchasing cost of share = $\$6\frac{1}{8} =\frac{49}{8}$

Selling cost of stocks = $24 per share

Brokerage paid = 2%

Now,

The total purchasing cost involved = $100\times\frac{49}{8}$ + 2% of $100\times\frac{49}{8}$

= 612.5 + 0.02 × 612.5

= $624.75

also,

Total income from sales of stocks

= Total selling cost of shares - brokerage paid

= $24 × 100 - 2% of Total selling cost

= $2400 - ( 0.02 × $2400 )

= $2400 - $48

= $2,352

now,

The investor's percent gain on this investment = $\frac{\textup{Income-invested amount}}{\textup{Invested amount}}\times100\%$

= $\frac{\textup{2,352 - 624.75}}{\textup{624.75}}\times100\%$

= $\frac{\textup{1727.25}}{\textup{624.75}}\times100\%$

= 276.47% ≈ 280%

Hence, the correct answer is option (C) 280%

7 0

2 years ago

Holiday Corp. has two divisions, Quail and Marlin Quail produces a widget that Marlin could use in its production Quail's variab

Neporo4naja [7]

Answer:

Cost savings when transfer are made = $0

Explanation:

In the question it was given that Quail is operating at capacity, then the Minimum and Maximum transfer price would be market price = $15.80

Cost savings when transfer are made = No of unit Marlin purchase*(Maximum transfer price - Minimum transfer price)

Cost savings when transfer are made = 195,000 unit * ($15.80 - $15.80)

Cost savings when transfer are made = $3,081,000 - $3,081,000

Cost savings when transfer are made = $0

5 0

3 years ago

Getting the listener’s full attention, questioning him or her, and asking him or her to paraphrase the message are all technique

timama [110]

Answer:

poor listening

Explanation:

Based on the information provided within the question it can be said that this is done in order to overcome poor listening. This refers to individuals who get distracted when listening and hear/understand very little to nothing of what they were supposed to be listening to. By making sure their attention is on you and asking them to repeat what you just said allows the individual to pay more attention to what you are saying and helps the information stick.

3 0

3 years ago

Ever since the organization began a group incentive program, John has noticed that his team appears more loyal to one another th

777dan777 [17]

Answer:

The correct answer is letter "A": promotes better teamwork.

Explanation:

Group incentives represent all the efforts managers make to keep their subordinates motivated collectively. This is achieved by different methods such as introducing a new bonus to the team that performs better allowing teams to take more decisions on their duties. By doing so, members of a group are likely to improve their engagement with other coworkers in the pursuit of achieving an objective.

<em>Teamwork is highly promoted by incentivizing groups compared to motivating individuals separately.</em>

4 0

2 years ago

Suppose you just bought a 25-year annuity of $8,200 per year at the current interest rate of 12 percent per year. What is the va

zhannawk [14.2K]

Answer:

64,313.74 ; 95,559.38 ; 47,283.11

Explanation:

by definition the present value of an annuity is given by:

$a_{n} =P*\frac{1-(1+i)^{-n} }{i}$

where $a_{n}$ is the present value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have: