Assume that a futures contract on Treasury bonds with a face value of $100,00 . is purchased at 93-00 . If the same contract is later sold at 94-18, what is the gain, ignoring transaction costs?
a. $1,180,000
b. $118
c. $11,800
d. $15,625
e. $1,562.50
a
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Subcultures refer to
A. subgroups within the larger national culture, whose values and beliefs are diametrically opposed to foreign cultures. B. groups within organizations whose values and beliefs influence the corporate culture. C. stakeholder groups outside an organization whose values and beliefs are contrary to the corporate culture. D. the designation given to people between the ages of 13 and 24 whose values and beliefs are not yet fully formed but are still influenced both by their families and society. E. subgroups within the larger, or national, culture with unique values, ideas, and attitudes.
Boylan can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Boylan's production capacity is 1600 machine hours per month. Marketing limitations indicate that Boylan can sell a maximum of 6000 toasters and 4100 bread machines per month. Which product and how many units should the company produce in a month to maximize profits? (Round machine hour per unit to two decimal places and your final answer to the nearest whole dollar.)
Boylan Company manufactures two products—toaster ovens and bread machines. The following data are available:
A) 6400 bread machines
B) 3450 toaster ovens and 4100 bread machines
C) 6000 toaster ovens and 2400 bread machines
D) 9600 toaster ovens
Many companies that use the declining-balance method of depreciation switch to the straight-line method at some point in the life of a depreciable asset. When does that switch normally occur?
A. never, since one method must be applied consistently throughout the life of an asset B. in the last quarter of the life of the asset C. when the depreciation cost under the accelerated method exceeds the depreciation cost under the straight-line method D. midpoint in the life of the asset
According to your textbook, why might anthropologists – those trained to study culture – be surprised by the enthusiasm for ‘excellence’?
a. Cultures that sought to constantly reemphasize their symbols, rituals, and beliefs were those in trouble b. Anthropologists have argued for centuries that strong cultures lead to excellence c. All strong cultures experience a decline, like the Egyptian, Greek, Roman, and British empires d. Anthropologists argued that there is no such thing as a strong culture