Answer:
C
Explanation:
you are getting the most of your money for the chairs compared to the other answers
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:
Since Travis is a minor, he is able to disaffirm a contract. Minors are not allowed to sign contracts except those that include basic necessities like food or shelter. This is not the case here since painting a car is not considered a basic necessity. As long as Travis disaffirms the contract while being a minor, the other party cannot do anything about it. This applies even if Travis cannot make any type of restitution since he cannot return the paint job.
Answer:
c. $57,556
Explanation:
Operating Cash flow = Net Income + Non cash Expenses + net Change in working capital
Operating Cash flow = 44,245 + 16,500 + (-12,500 + 9310)
Operating Cash flow = 57,555
$
Sales 361,820
Cost <u> (267,940) </u>
Gross Income 93,880
Depreciation <u> (16,500) </u>
Operating Income 77,380
Interest Expense <u>(9,310)</u>
Income before Tax 68,070
Tax 35% <u>(23,825)</u>
Net Income <u> 44,245 </u>
Bonds are a type of investments that is categorized as a fixed-income instrument which symbolizes loans that investors make to a borrower. Bonds can be made by a corporation or a government. Bonds always have end dates, and they generally have lower risks compared to stocks.
However, there are still some risks associated with this type of instrument, which is (C) the issuer could go bankrupt.
