A contract that calls for the investor to (possibly) buy securities on a future date is called a ________
A) short contract
B) long contract
C) hedge
D) cross
B
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Predetermined overhead rate is equal to the actual factory overhead costs divided by the actual cost of some production activity measure
Indicate whether the statement is true or false
Gary, Peter, and Chris own a firm as partners. Gary has a capital balance of $22,000; Peter a capital balance of $42,000; and Chris has a capital balance of $32,000. As per the partnership agreement, Gary gets a profit share of 2/9; Peter has 4/9; and Chris has 3/9. Which of the following is TRUE, if Gary withdraws from the partnership by receiving $22,000?
A) Peter, Capital and Chris, Capital will be credited for $11,000 each. B) Gary, Capital will be debited for $22,000. C) Cash is debited for $22,000. D) Peter, Capital will be credited for $22,000.
A major cost avoided in the eurocurrency markets is the payment of deposit insurance fees, such as:
A) Federal Deposit Insurance Corporation - FDIC B) Office of the Comptroller of the Currency - OCC C) International Monetary Fund - IMF D) World Bank - WB
Which type of product modification is an aesthetic product change?
A. functional B. quality C. repositioning D. style E. planned