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

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:50, Kana81

You are an employee of an u. s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u. s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u. s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?

Answers: 3

continue

Business, 22.06.2019 08:30, dezmondpowell

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price

Answers: 1

continue

Business, 22.06.2019 18:00, claftonaustin846

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?

Answers: 2

continue

Business, 23.06.2019 01:00, americanbellabeauty

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins

Answers: 2

continue

Do you know the correct answer?

Suppose that in september 2018 a company takes a long position in a contract on may 2019 crude oil f...