Business, 16.11.2019 03:31 emmaccanttlon
Suppose that in september 2018 a company takes a long position in a contract on may 2019 crude oil futures. it closes out its position in march 2019. the futures price (per barrel) is $48.30 when it enters into the contract, $50.50 when it closes out its position, and $49.10 at the end of december 2018. one contract is for the delivery of 1,000 barrels. what is the company’s total profit? when is it realized? how is it taxed if it is (a) a hedger and (b) a speculator? assume that the company has a december 31 year end.
Answers: 1
Business, 21.06.2019 15:00
In its first year of operations, crane company recognized $31,700 in service revenue, $7,700 of which was on account and still outstanding at year-end. the remaining $24,000 was received in cash from customers. the company incurred operating expenses of $16,600. of these expenses, $12,690 were paid in cash; $3,910 was still owed on account at year-end. in addition, crane prepaid $3,260 for insurance coverage that would not be used until the second year of operations.
Answers: 3
Business, 21.06.2019 17:10
Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.
Answers: 1
Business, 22.06.2019 06:40
10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.
Answers: 3
Business, 22.06.2019 19:10
Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.
Answers: 3
Suppose that in september 2018 a company takes a long position in a contract on may 2019 crude oil f...
Mathematics, 26.01.2022 21:50
Social Studies, 26.01.2022 21:50
Mathematics, 26.01.2022 22:00
Social Studies, 26.01.2022 22:00
Social Studies, 26.01.2022 22:00
Mathematics, 26.01.2022 22:00