Business
Business, 07.08.2021 03:40, LtotheJ0225

The futures price of gold is $1,000. Futures contracts are for 100 ounces of gold, and the margin requirement is $3,000 a contract. The maintenance market requirement is $1,500. A speculator expects the price of gold to rise and enters into a contract to buy gold. If the futures price of gold rises to $1,005, what is the return on the position

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, Scourge927
marketing strategies should be established before marketing objectives are decided. t/f
Answers: 1
image
Business, 22.06.2019 16:50, bri663
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
image
Business, 23.06.2019 02:40, PokemonCatchEmAll
The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?
Answers: 2
image
Business, 23.06.2019 06:40, shawn20034
Circumstances under which pro-forma invoice may be used
Answers: 1
Do you know the correct answer?
The futures price of gold is $1,000. Futures contracts are for 100 ounces of gold, and the margin re...

Questions in other subjects: