its all da same because it just a company
The most frequently employed technique of workers was the STRIKE. Withholding labor from management would, in theory, force the company to suffer great enough financial losses that they would agree to worker terms. Strikes have been known in America since the colonial age, but their numbers grew larger in the Gilded Age.
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Answer:
In the March 31 statement of financial position, the company should record the futures contracts as a loss and liability of $100,000
Explanation:
GAAP specifies that all derivatives instrument and hedging activities recorded in the balance sheet are assets and liabilities and measured at fair value.
At the starting of the futures contracts, the fair value is $0 since the prices of the future contract was entered at that date.
Given that 200 futures contracts was sold at the commodity exchange foo $$0.83/lb and each contract was for 25,000 lb. Therefore a fair value hedge of 5 million lb. (25,000 lb. × 200 contracts) of copper at $0.83/lb is expected to be delivered.
The price had risen to $0.85/lb at the date of the financial statements, Copper Monkey should record a loss and liability = (5 million lb) × ($0.83 – $0.85) = 5000000 × 0.02 = 100000
Copper Monkey should record a loss and liability of $100,000
Answer: b. $14.00
Explanation:
Contribution margin = Price - Variable cost
= $40 - $26 = $14
