Tim Jun, CFA, believes he has identified an arbitrage opportunity for a commodity as indicated by the following information: Spot price for commodity $1,900
Futures price for commodity expiring in 1 year $1,930
Interest rate for 1 year 2%

Required:
Calculate the arbitrage profit for the profitable arbitrage strategy.

When you hire an independent contractor you don't have to pay the contractors what

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

Bernard made a gift of $500,000 to his brother in 2014. due to bernard’s prior taxable gifts he paid $200,000 of gift tax. when bernard died in 2019, the applicable gift tax credit had increased. at bernard’s death, what amount related to the $500,000 gift to his brother is included in his gross estate?