Answer:
D
Explanation:
Firstly, before we answer this question, we need to know what a futures contract is.
A futures contract can be defined as an agreement specifying the delivery of a commodity or a security at an agreed future date and at a currently agreed price.
This means to set a future contract rolling, we need to have an agreed date if delivery and currently agreed price by both parties involved.
Now, to the question, the correct answer is D. He has the obligation to deliver the underlying financial instrument at the specified future date
Answer:
modified product - multiple markets
Explanation:
This type of strategy consists of offering different products, which are modified versions of some exiting product, to new markets.
In this case, the improved version of the wood wax is a modified version of the old wood wax, and is going to be targeted to a new and specific market (antique owners), while the original version is still going to be targeted at the current market.
Answer: a. $28,000 $210,000
Explanation:
First column is income and second is Carrying value.
Carrying value is the fair value at year end = $210,000
Income = Dividend received + fair value adjustment
Fair value adjustment = Fair value - cost of shares
= 210,000 - 200,000
= $10,000
Dividend = 45% * 40,000
= $18,000
Income = 18,000 + 10,000
= $28,000
Answer:
Total cost $24.44
Explanation:
Sardi Inc.
Make
Direct materials$10.00
Direct labor7.00
Variable manufacturing overhead 2.80
Fixed manufacturing overhead (30% × $4.80 is avoidable)1.44
Opportunity cost ($6.40 per unit ÷ 2 minutes per unit) × 1 minutes3.20
Total cost $24.44
Therefore the cost of making the component should be compared to the price of buying the component at $24.44
The opportunity cost of studying economics for one hour in this context would be: <span>Watching two half-hour TV sitcoms
Opportunity cost refers to something that you have to sacrifice everytime one alternative is chosen. When the time is spent to study economics, the time available for you to watch tv will be gone.</span>
