subject
Business, 19.06.2020 17:57 Eruein

A solar panel manufacturer is planning to purchase 102,009 troy ounces of silver in two months. The manufacturer will hedge this anticipated purchase by buying 20 silver futures contracts. Each contract covers 5,000 troy ounces. The current contract price is $14.75/ounce. What is the total cashflow associated with purchasing the 102,009 of silver, if the spot market price of silver is $13.23/ounce in two months at the moment the company purchases the silver and the silver futures contracts expire

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:30
Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity
Answers: 3
question
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
question
Business, 22.06.2019 18:00
Companies under market structures are independent
Answers: 2
question
Business, 22.06.2019 19:20
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as
Answers: 2
You know the right answer?
A solar panel manufacturer is planning to purchase 102,009 troy ounces of silver in two months. The...
Questions
question
Mathematics, 27.01.2020 20:31
question
Mathematics, 27.01.2020 20:31
question
Mathematics, 27.01.2020 20:31
Questions on the website: 13722367