Which of the following statements about futures contracts is true?

Which of the following statements about futures contracts is true?

Question 14 options:

a)    The seller promises to sell the underlying asset at the agreed price and to deliver on the transaction date.

b)    At the time the contract is signed, the buyer promises to buy, pays the price of the asset, and expects delivery on the exercise date.

c)    The seller is said to be in a short position because he does not necessarily own the underlying asset

d)    A futures contract is essentially two contracts; each on its own is a financial liability.

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The futures rate on bankers’ acceptances for contracts maturing in three months is 5%. If the bankers’ acceptance has a $100 face value, what will

The futures rate on bankers’ acceptances for contracts maturing in three months is 5%.

If the bankers’ acceptance has a $100 face value, what will its delivery price be?

Question 19 options:

a)    $95.23

b)    $98.77

c)    $100.00

d)    $101.25

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at December 31,2016 the accounts receivable balance of tm manufacturer is 230,000, the allowance for bad debts account has a 24,000 debit balance.

48.0%

1.journalize the year end adjusting entry for bad debts on the basis of the aging schedule. show the t-accounts for the allowance for bad debts at December 31,2016.

2.show how tm manufacturer will report its net accounts receivable on its december 31,2016,balance sheet.

 

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Which of the following statements about the pricing of bankers’ acceptances is true?

Which of the following statements about the pricing of bankers’ acceptances is true?

Question 18 options:

a)    The simple interest convention is used to price bankers’ acceptances, though this is inconsistent with market practice.

b)    The use of the simple interest convention implies that the effective yield from investing in 3-month bankers’ acceptances will be the annual quoted rate, com­ pounded quarterly.

c)    The discount interest convention is used even though the proceeds from the bankers’ acceptance cannot be reinvested at the end of every 3-month period when the bankers’ acceptance matures.

d)    The discount interest convention is consistent with market practice and is therefore used to price bankers’ acceptances.

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Both CUSTOMERS AND ORDERS are very important entities. What kind of relationship exists between these two entities? One- to- many or many-to-many.

Both CUSTOMERS AND ORDERS are very important entities. What kind of relationship exists between these two entities? One- to- many or many-to-many. Why?4 or more lines

Both CUSTOMERS AND ORDERS are very important entities. The kind ofrelationship exists between these two entities is one to many. The reason for this is thatone customer gives many orders. A…

 

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In the HR field, there is often discussion of HR not having a seat at the C-Suite (executive leadership) table.

In the HR field, there is often discussion of HR not having a seat at the C-Suite (executive leadership) table. Do you think the role of HR professionals should be strategic—is it important or can HR professionals fulfill their role by operating in a more transactional manner (i.e., administrating, hiring, and dealing with employees)? Please provide an explanation for your response.

 

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The accounting records of Concord Corporation show the following data.

Beginning inventory 2,890 units at $5

Purchases 7,880 units at $6

Sales 9,250units at $10

Determine cost of goods sold during the period under a periodic inventory system using the average-cost method.

 

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In the HR field, there is often discussion of HR not having a seat at the C-Suite (executive leadership) table.

In the HR field, there is often discussion of HR not having a seat at the C-Suite (executive leadership) table. Do you think the role of HR professionals should be strategic—is it important or can HR professionals fulfill their role by operating in a more transactional manner (i.e., administrating, hiring, and dealing with employees)? Please provide an explanation for your response.

 

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The accounting records of Concord Corporation show the following data.

Beginning inventory 2,890 units at $5

Purchases 7,880 units at $6

Sales 9,250units at $10

Determine cost of goods sold during the period under a periodic inventory system using the average-cost method.

 

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Assume the following: Current 1-year Japanese interest rate 3.0%;Current 1-year Canadian interest rate 5.0%; Current spot rate C$0.01 per yen.

Assume the following: Current 1-year Japanese interest rate 3.0%;Current 1-year Canadian interest rate 5.0%; Current spot rate C$0.01 per yen. Estimate the 1-year forward exchange rate using interest rate parity.

Question 22 options:

a) C$0.0102 per year

b) C$0.0098 per year

c) C$1.0194 per year

d) C$0.9810 per year

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