On Wednesday you enter into a yen futures contract. The initial performance bond is $1800, and the maintenance performance bond is $1500. On Thursday the money in your margin account drops to $1.074 and you recelve a margin call, How much must you add to your margin account to maintain your position and meet the call? At the end of trading Wednesday you enter into a yen futures contract for a price of $.05/ yen for 100,000 yen. At close Thursday the price is 0.043. What is the cash flow in dollars to your margin account? (hint value can be positive or negative)
Answers
The margin call is triggered when the money in your margin account drops below the maintenance performance bond, which is $1,500.
The amount needed to meet the margin call is the difference between the maintenance performance bond and the current balance in the margin account.
To maintain the position and meet the margin call, you need to add $1,074 to your margin account.
Calculation of Margin Call Amount:
Margin Call Amount = Maintenance Performance Bond - Current Balance
Margin Call Amount = $1,500 - $1,074 = $426
Calculation of Cash Flow to Margin Account:
To calculate the cash flow in dollars to your margin account, you need to consider the change in the futures price and the contract size.
Cash Flow = (Final Futures Price - Initial Futures Price) * Contract Size
Cash Flow = (0.043 - 0.05) * 100,000 yen
Cash Flow = -7 * 100,000 yen
Cash Flow = -700,000 yen
To convert the cash flow from yen to dollars, you need to multiply it by the exchange rate.
Cash Flow in Dollars = Cash Flow (yen) * Exchange Rate
Assuming the exchange rate is $0.01/yen:
Cash Flow in Dollars = -700,000 yen * $0.01/yen
Cash Flow in Dollars = -$7,000
Therefore, the cash flow to your margin account is -$7,000 (negative amount) in dollars.
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Related Questions
Describe the features of a voucher system and list typical supporting documents for a voucher
Answers
A voucher has the following features:
Voucher is a written documentary evidence.
It supports the entry which appears in the company’s books of accounts.
It also justifies the correctness of the entries made in the books.
Vouchers are pre-numbered, which helps in simplifying the audit trail.
Vouchers state the complete details of the transaction
Vouchers contain true and complete details of the transactions
It is prepared by the firm’s accountant and also countersigned by the firm’s accountant.
It is used for internal accounting control, which makes confirm that every transaction is duly authorized.
It is prepared at the time the transaction takes place.
Some of the supporting documents in a voucher can include:
Invoice received from the supplier.
Terms for payment including the amount owed, the due date of voucher, and any discounts granted by the supplier for paying the invoice early.
Vendor or supplier name to whom it is to be paid.
The company's purchase order.
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Casi has two options to get to her friend's house on the coast. She can either take an Uber or ride the bus. The Uber will cost her $90 and it will take 1 hour to get to her friend's house. The bus will only cost $10 but it will take her 5 hours to get to her friend's house. How much does Casi have to value her time per hour to make her willing to use an Uber instead of taking the bus? Provide the dollar amount below. Do not include a "$" sign.
Answers
Casi needs to value her time at $20 per hour to make her willing to use Uber instead of taking the bus.
To determine the value Casi needs to place on her time per hour to choose an Uber over the bus, we can calculate the time difference between the two options and compare it to the cost difference.
The time saved by taking an Uber is 5 hours - 1 hour = 4 hours.
The cost difference between the two options is $90 - $10 = $80.
To find the value Casi needs to place on her time per hour, we divide the cost difference by the time saved:
Value of time per hour = Cost difference / Time saved
Value of time per hour = $80 / 4 hours = $20/hour.
Therefore, Casi would need to value her time at $20 per hour or more to be willing to use an Uber instead of taking the bus.
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Distinguish between medium and higher level education with
illustration.
Answers
medium level profession can be defined as some one who has moved past entry level but isn't nearing the end . whereas high level profession means a person has moved past entry level and also has reached the end.
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUat a woman's trial for bank robbery, the prosecutor has called a private security guard for the bank who has testified
Answers
At a woman's trial for bank robbery, the prosecutor has called a private security guard for the bank who has testified.
It is not clear what kind of information the security guard provided in their testimony, but it is likely that they were called to testify about their observations of the alleged robbery. As a private security guard for the bank, the guard may have been present during the robbery or may have reviewed surveillance footage or other evidence related to the robbery.
The guard's testimony may have been used to establish the woman's presence at the scene of the crime, to describe any actions or behavior that appeared suspicious or incriminating, or to provide other details related to the alleged robbery. The prosecutor may have relied on the guard's testimony to build a case against the woman and to convince the jury of her guilt.
It is important to note that the woman is innocent until proven guilty and that the prosecutor has the burden of proving her guilt beyond a reasonable doubt. The security guard's testimony, along with other evidence presented at trial, will be weighed by the jury in making their decision.
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A drawback involved in using cross-border strategic alliances to enter new foreign markets is that_______
Answers
Utilizing cross-border strategic partnerships to reach new international markets has the disadvantage that some of the company's confidential information may be taken by the foreign partner.
What Constraints apply to Cross-Border Strategic Alliances?The first drawback of cross-border strategic partnerships is that they are challenging to effectively and efficiently manage owing to their complicated and dangerous character.Conflicts frequently occur within multinational alliances, which is the second drawback of cross-border strategic alliances.Cross-border strategic collaborations have the drawback of potentially giving the foreign partner access to some of the company's proprietary information.To learn more about Cross-Border Strategic Alliances, refer to the following link:
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A ground-dwelling plant grows along a chain-link fence
Answers
Answer: Very instresting?
Explanation:
in scheduling your time, which of the following will help you reach your goals?
a) limit the time you spend on each task
b) finding ways to multi-task
c) sticking to a daily routine
d) all of the above
Answers
Answer:
d) all of the above
Explanation:
they all help you reach your goals
Mary is earning a weekly salary of $521.60 as a payroll clerk. She has accepted a new assignment in the tax-processing department. In her new position, she will be paid an annual salary of $30,534.00. How much more would she earn per week in her new position?
Answers
Answer:
$65.60
Explanation:
Mary's current is $521.60.
In her new position, she will be earning $30,534.00. Her new weekly income will be as follows. Assuming one year has 52 weeks.
New pay = $30,534.00/ 52
New pay =587.20
In her new job, she will earn more by( $587.20 - $521.60.) =$65.60
=$65.60
Contra entry is recorded in?
Answers
Identify whether the income below would be considered earned income, passive income, or portfolio income. Mychal’s parents bought a house, fixed it up, and sold it at a higher price.
Answers
Answer: Portfolio income is money received from investments, dividends, interest, and capital gains. It is one of three categories of income.
Explanation:
Which of the following is not a reason that women have traditionally received less pay for doing the same work as men?
Women have been encouraged to pursue careers in lower paying fields such as teaching and nursing.
Some employers have assumed that women are not as interested in career advancement as men.
Women are not as willing to work as hard or as long as men in order to advance in their careers.
Overall, women have had less education, training, and experience in certain occupations than men.
Answers
Answer:
Women are not as willing to work as hard or as long as men in order to advance in their careers.
Explanation:
You don't have to answer all if you don't know it.
1-Which of the following options does not exist in the slide layout drop-down menu?
A: Titles
B: Lists
C: Charts
D: Animations
2-PowerPoint presentations are widely used as
A: Note outlines for teachers
B: Project presentations by students
C: Communication of planning
D: All of the above
3-A new presentation can be created from
A: Blank presentation
B: Existing presentation
C: Design template
D: All of the above
Answers
The answers to 2 and 3 are D, all of the above
6. How much was the dividend per share? (hint: dividends are not paid on treasury stock. ) (round your answer to 2 decimal places. )
Answers
The dividend per share was $0.15.
The dividend per share using this share formula:
Dividend per share = Total dividends paid / Total shares outstanding
Total dividends paid = Total dividends declared - Dividends on treasury stock
Total dividends declared = $1,365,000
Dividends on treasury stock = $45,000
The dividend per share using the following formula:
Total shares outstanding = Beginning shares + Issued shares - Treasury shares
Dividend per share = Total dividends paid / Total shares outstanding
Beginning shares = 8,500,000
Issued shares = 300,000
Treasury shares = 200,000
Total shares outstanding = 8,500,000 + 300,000 - 200,000
= 8,600,000
Total dividends paid = $1,365,000 - $45,000 = $1,320,000
Dividend per share = $1,320,000 / 8,600,000
= $0.1535 (rounded to 2 decimal places)
Therefore, the dividend per share was $0.15.
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Correct Question:
How much was the dividend per share? (hint: dividends are not paid on treasury stock. ) (round your answer to 2 decimal places. )
Please help me, I'm in a test. Which of the following is an example of an activity in the follow-up stage of personal selling?
A. Helping a prospect arrive at a purchase decision
B. Making it easy to reorder supplies
C. Treating a prospect's concerns as a natural part of the decision process
D. Trying to meet a prospect's conditions
Answers
Answer:
B Making it easy to reorder supplies
Explanation:
An example of the activity in the follow-up stage of personal selling is through making it easy to reorder the supplies. Thus option B is correct.
Waht is perosnal selling ?Personal selling is called as the face to face selling and includes the one person who is the salesman and tries to convince the customer to buy the product through his skills and abilities.
The aim of personal selling is to make a profit and to initiate a sale and there generate revenue.
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How do credit card companies make money?
O (A) Fees and interest paid by cardholders
O (B) Investing your credit card debt
O (C) Fees paid by merchants
O All of them
O A and B
O A and C
OB and C
Answers
Answer:
A and C
Explanation:
Credit card companies get their income form the following three main sources
Interest paid by cardholdersFees charged to cardholders' credit cards.transaction charges paid by merchants who accept credit cardsInterests form the bulk of income to the card companies. Typically charge interest arises when customers carry a balance from a month to the next. Fees charged include annual fees, late fees, cash advance fees, balance transaction fees, among others. Merchants usually pay a percentage for every transaction conducted via a credit card. The percentage ranges between 1% to 3 %.
At what age can you start working?
Answers
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
It is important to highlight both hard and soft skills on a job resume. Which characteristic best describes a soft skill?
A characteristic or skill specific to your job
A skill learned through formal education
A skill that is harder to measure but can be used in every job
A skill that is measurable and easy to demonstrate
Answers
Answer:
C.
Explanation:
In addition to operations, which of the following is considered a "line" function? A. accounting. B. finance. C. IT. D. procurement E. sales.
Answers
The correct answer is E. sales. therefore the correct option is (E).
A sale is a transaction that involves exchanging products or services for a certain sum of money. To put it another way, a sale is any action that includes giving the buyer possession of a thing or commodity in return for payment. In general commercial operations, sales refer to any transactions where money or value is transferred for the ownership of an item or right to a service. Sales, in the context of accounting, refers to the income generated by a corporation via the selling of goods or services (net sales).
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Dan wants to create a report that contains all fields from a table. Which option on the create tab should he utilize?
Answers
Answer:
Blank Report
Explanation:
This is a classwork related to Essential of Accounting of the
topic Budgeting.
Suggest 3 items that you want to add on the current budget and
state how could those items improve Hong Kong's Economic
Answers
Three items that could be added to the current budget to improve Hong Kong's economy are Infrastructure development Education and innovation Sustainable development initiatives.
Infrastructure development can improve connectivity, facilitate trade, and attract businesses to Hong Kong, contributing to economic growth. Education and innovation investments can enhance the workforce's skills, promote entrepreneurship. Sustainable development initiatives can position Hong Kong as a leader in environmental responsibility, attract green investments, and promote long-term economic sustainability.
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Marketing can occur even if an exchange does not occur. When Sally Rodriguez sold her car, she put an ad in the local newspaper and allowed potential customers to test drive the vehicle. Sally engaged in marketing by _______, even if no one bought her used automobile.
Answers
Sally engaged in marketing by advertising, even when nobody bought her used automobile.
What is advertising?Advertising can be defined as a marketing technique that involves the use of promotional multimedia messages that are designed and developed with the intention of making the products (goods) or services offered by a business firm or an entrepreneur to become known and familiar to all of its customers and potential customers.
In this scenario, Sally Rodriguez put an advertisement in the local newspaper to make it known to potential customers and as such she's engaging in marketing.
In conclusion, Sally engaged in marketing by advertising, even when nobody bought her used automobile.
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What does respecting people’s privacy mean?
Answers
1:What would be the effect on the Unreserved Fund Balance at the
end of the current fiscal year of recording a $15,000 expenditure
for a new computer, assuming a $14,600 encumbrance had been
recorded
Answers
If a $15,000 expenditure for a new computer is recorded and a $14,600 encumbrance had already been recorded, the effect on the Unreserved Fund Balance at the end of the current fiscal year would be a decrease of $400.
An encumbrance represents a commitment to spend funds for a specific purpose, in this case, the purchase of a new computer.
When the actual expenditure is recorded, it reduces the encumbrance and decreases the Unreserved Fund Balance.
In this scenario, the $14,600 encumbrance would be reduced by the actual expenditure of $15,000, resulting in a decrease of $400 in the Unreserved Fund Balance.
The Unreserved Fund Balance represents the available funds that are not restricted or allocated for any specific purpose, and it reflects the financial position of the organization.
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Sparkling Water, Inc., expects to sell 3.7 million bottles of drinking water each year in perpetuity. This year each bottle will sell for $1.46 in real terms and will cost $.82 in real terms. Sales income and costs occur at year-end. Revenues will rise at a real rate of 1.8 percent annually, while real costs will rise at a real rate of 1.1 percent annually. The real discount rate is 7 percent. The corporate tax rate is 25 percent. What is the company worth today?
Answers
Answer:
$39,345,664.93
Explanation:
The computation of the company worth today is as follows:
Present value of revenues after tax is
= $3,700,000 × 1.46 × (1 - 0.25) ÷ (0.07 - 0.018)
= $77,913,461.54
And, Present value of costs after tax is
= $3,700,000 × 0.82 × (1 -0.25) ÷ (0.07-0.011)
= $38,567,796.61
So, the company worth today is
= $77,913,461.54 - $38,567,796.61
= $39,345,664.93
a local company makes athletic clothing and they are preparing aggregate production plans on quaterly basis for the coming year fir their line of womens wear
Answers
The local company that manufactures athletic clothing is developing aggregate production plans for their line of women's wear on a quarterly basis for the upcoming year. An aggregate production plan is a high-level plan that determines the overall quantity and timing of production for a specific period.
Here is a step-by-step explanation of how the company can prepare an aggregate production plan for their women's wear line:
1. Forecast demand: The first step is to forecast the demand for the women's wear line over the next year. This can be done using historical sales data, market research, and customer feedback. By accurately predicting the demand, the company can plan their production accordingly.2. Determine production capacity: The company needs to assess their production capacity to determine how much they can produce in each quarter. This includes considering factors such as available resources, labor, machinery, and space. The production capacity should align with the forecasted demand.
3. Adjust production levels: Based on the forecasted demand and production capacity, the company can determine the production levels for each quarter. They may need to adjust the production levels to match the expected demand. For example, if the forecasted demand is lower in a particular quarter, they can reduce the production level to avoid excess inventory.
4. Plan inventory levels: The company should plan their inventory levels based on the production levels and expected demand. They need to strike a balance between having enough inventory to meet customer demand and avoiding excess inventory that can tie up resources and increase costs. They can use techniques such as Just-In-Time (JIT) inventory management to optimize their inventory levels.5. Coordinate with suppliers: The company should coordinate with their suppliers to ensure a smooth supply chain. They need to communicate their production plans and requirements to suppliers so that they can provide the necessary raw materials and components on time.6. Monitor and adjust: After implementing the aggregate production plan, the company should continuously monitor the actual demand, production, and inventory levels. They can use this information to make adjustments to their plan if necessary. This helps them stay responsive to changes in the market and optimize their production processes.
By following these steps, the local company can effectively prepare aggregate production plans for their line of women's wear on a quarterly basis for the coming year. This helps them meet customer demand, optimize production resources, and maintain a competitive edge in the athletic clothing industry.
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Now that Rory understands how comprehensive income is, he is wondering if he needs to record the $500 scholarship he was awarded from his local community to help pay his college tuition. If so, in which category of income should it be recorded: earned income, unearned income, or received income from government programs
Answers
Whether or not Rory needs to record the $500 For more questions on Scholarship he was awarded for college tuition will depend on whether it is considered taxable income or not.
In general, scholarships and grants used for Assuming that the scholarship money is tax-free, education expenses such as tuition and books are tax-free.
However, if the scholarship money is used for non-qualified expenses such as room and board, it may be taxable.
Assuming that the scholarship money is tax-free, Rory does not need to record it as income. It is not considered earned income, unearned income, or income received from government programs.
However, if any portion of the scholarship money is taxable, Rory would need to record it as income in the appropriate category depending on how it is classified.
If it is earned through work, it would be recorded as earned income. If it is awarded without any work required, it would be recorded as unearned income.
If it is received through a government program, it would be recorded as income received from government programs.
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Using a standardized recipe benefits food cost control because it provides accurate information for what?.
Answers
Using a standardized recipe benefits food cost control because it provides accurate information for pick-up services, catering, or banquets.
Why is standardizing recipes a crucial cost-control measure?A standard recipe guarantees both a consistent level of quality and quantity as well as a predictable price range. It's crucial that the cost of each recipe and portion be estimated and largely consistent in order for an establishment to determine a menu selling price that enables the establishment to turn a profit.
What benefits can standardized recipes provide?Utilizing an uniform recipe has advantages like constant quality and quantity, normal serving and price, ensuring nutritional value and managing dietary issues, such as special diets or food allergies, aiding in ensuring that "Truth in Menu" criteria are met, helping with forecasting and purchasing.
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one of the keys to following your carrer path is to be _
like honestly i dont need the answer but if you answer it ill give you 15 brainliest bcuz im in a good mood:) the first one to answer will get the brainliests!! good luck
Answers
Answer:
diligent I guess
Explanation:
i don't know just putting a word that sounds *smart*
Which of the following demonstrate a healthcare worker using strategies for managing people? choose all that apply
a surgeon who has a positive attitude that motivates her assistants
a doctor who explains a hospital’s goals to an employee he recently hired
an office manager who avoids pointing out an employee’s low-quality work because she does not want to hurt his feelings
a new employee who agrees to work extra hours during a busy time at a hospital
a nurse who becomes friends with another nurse
a dentist who thanks her assistant for doing good work
Answers
Answer:
1,2,6
Explanation:
You're welcome <3