Answer: 88.89 or 89
Explanation: Futures contract refers to a legal binding which obligates a buyer and seller to transact about a commodity, good, security or services at a predetermined price but goods are delivered or paid for in the future.
Given the following ;
Portfolio value(p) = $20million
Portfolio Beta (b) = 1.2
Index price (i) = 1080
Multiplier = 250
Future value(A) = index price × multiplier
Future value(A) = 1080 × 250 = 270000
Number of contracts (N) = (portfolio value × portfolio Beta) ÷ future value
N = ($20,000,000×1.2)÷270000
N = 24000000 ÷×270000
N = 88.8888=88.89
N = 89 (NEAREST whole number)
Answer:
C the value you place on one hour of leisure
Explanation:
Here are the options to this question:
OA $15, because overtime wages are generally 1.5 times your regular wage when you work more than eight hours a day OB. $10, because that is your opportunity cost of one hour of work OC the value you place on one hour of leisure OD. zero, because your regular job is not available for more than eight hours per day
Caring for the dog won't interfere with my job as I can care for the dog either before or after work.
What I would be sacrificing to care for the dog would be the time I would have spent resting or doing leisure activities. So the least amount I should charge is the value i place on one hour of leisure.
I hope my answer helps you
Answer:
b. decrease no effect
Explanation:
When the treasury stock is repurchased and at a premium. That is the price more than the par value, the excess is debited to the additional paid in capital account as this is the account used to fund the additional amount required to pay the differential.
Retained earnings on the other hand are unaffected by this transaction as long as the company has enough funds in the paid in capital account to complete the transaction.
Total paid in capital will decrease
Retained earnings will have no effect
Hope that helps.
Answer: False
Explanation:
The Basic Financial Statements for a Proprietary Fund includes:
1. Statement of net position
2. Statement of revenues, expenses
3. Statement of changes in fund net position
Answer:
<em>Duress </em>
Explanation:
Duress is a protection against an agreement. Duress is <em>the wrong pressure to force an individual into an agreement that he or she would not normally enter into. </em>
Duress involves using force intentionally or threatening force to induce the agreement.
It may be either physical or mental manipulation, but it must be intimidation to the degree that it robs the other individual of independent will or freedom of choice.
This implies that no fair alternative to entering the contract is left to the individual.
