you are a day trader. yesterday, you sold 4 march 2023 coffee futures contracts at 295 cents per pound. today, you bought them back at 180 cents per pound. how much did you make or lose on this futures trade? a. i made $172,500. b. i made $1,725,000. c. i made $43,125. d. i made $375,000.

Answers

Answer 1

Option (a), The day trader made a profit on the futures trade.

We can calculate the profit by finding the difference between the selling price and the buying price, and then multiplying it by the number of contracts sold.

The selling price was 295 cents per pound and the buying price was 180 cents per pound. So, the difference is 295 - 180 = 115 cents per pound.

The day trader sold 4 contracts, each representing 37,500 pounds of coffee. So, the total pounds of coffee sold is 4 x 37,500 = 150,000 pounds.

To convert the profit to dollars, we need to multiply the profit in cents per pound by the total pounds of coffee sold, and then divide by 100 (since there are 100 cents in a dollar).

So, the profit is (115 cents per pound x 150,000 pounds) / 100 = $172,500.

Therefore, the answer is a. The day trader made $172,500 on this futures trade.

Learn more about the selling price: https://brainly.com/question/29065536

#SPJ11


Related Questions

Have you seen Zack Snyder's Justice League on HBO Max?

Answers

Answer:

YES!

Explanation:

IT WAS AMAZING I WANT MORE DC FILMS LIKE THAG I DON'T CARE IF ITS ON HBO MAX I WANT MORE

According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this amount at an interest rate of 7 percent per year, how much, approximately, would they have today

Answers

Answer:

FV= $13,605,744,645,293.70  

Explanation:

Giving the following information:

Initial investment= $24

Number of years= 400

Interest rate= 7 percent compounded annually

To calculate the value of the investment today, we need to use the following formula:

FV= PV*(1+i)^n

FV= 24*(1.07^400)

FV= $13,605,744,645,293.70  

Answer:

They would have approximately $14 000 000 000 000.

Explanation:

From the compound interest formula,

Amount = P\((1 + \frac{r}{n}) ^{t}\)

Given that: P = $24, R = 7%, t = 400 years,

Amount = 24\((1 + \frac{7}{100}) ^{400}\)

 = 24\((\frac{107}{100}) ^{400}\)

 = 1.360574465 × \(10^{13}\)

The amount they would have is approximately $1.4 × \(10^{13}\)

if a small firm finds that operating on a larger scale causes its average cost to stay the same, the firm is facing multiple choice question. constant returns to scale. diminishing marginal product. diseconomies of scale. economies of scale.

Answers

The correct answer is Economies of Scale. Economies of Scale occur when a small firm operates on a larger scale and its average cost stays the same.

What are economies of scale?

Economies of scale refer to the cost benefits that arise from an increase in production volume or scale. In other words, as production rises, the cost of producing each individual unit drops.

Economies of scale are achieved when a company can optimize its production process, which leads to reduced costs, resulting in higher profits. This often happens in the form of bulk discounts from suppliers, as well as other cost benefits, such as reduced advertising expenses per unit. The firm is facing economies of scale if a small firm finds that operating on a larger scale causes its average cost to stay the same.

Learn more about Economies of scale here:

https://brainly.com/question/15605103

#SPJ11

Can you be wise and intelligent at the same time .

Answers

Answer:

yes :)

Explanation:

wisdom comes from experience intelligence doesn't

Answer:

yes of course .................

7. Marianne Gorman had been an assembler for 33 years when she became permanently
disabled. Marianne was 54 years old and had planned to retire in 11 years. Her final average
salary was $41,905. The rate of benefits of the plant is 2.5%. What is her monthly disability
benefit?

Answers

The monthly disability benefit is given as $87.30.

How to solve for the disability benefit

To calculate Marianne's monthly disability benefit, we need to find the average of her highest consecutive 60 months of earnings, and then multiply that amount by the benefit rate of 2.5%.

Let's assume that her highest consecutive 60 months of earnings was equal to her final average salary of $41,905.

The monthly average of her earnings would be:

$41,905 ÷ 12 = $3,492.08

And her monthly disability benefit would be:

$3,492.08 × 2.5% = $87.30

So, Marianne's monthly disability benefit would be $87.30.

Read more on disability benefit here:https://brainly.com/question/30094777

#SPJ1

Which of the principles below does Val follow when she reviews her records to make sure that recorded accounting events correspond to the actual costs?A. Time period principleB. Measurement principleC. Full disclosure principleD. Matching principle

Answers

D. Matching principle This principle helps maintain consistency and reliability in financial reporting,

Val follows the matching principle when she reviews her records to ensure that recorded accounting events correspond to the actual costs. The matching principle states that expenses should be recognized in the same period as the revenues they help generate. By applying this principle, Val ensures that costs are accurately matched with the revenues they are associated with, providing a clear and accurate representation of the company's financial performance. This principle helps maintain consistency and reliability in financial reporting, allowing for meaningful analysis and decision-making based on the recorded costs and revenues.

learn more about financial here:

https://brainly.com/question/28319639

#SPJ11

what is achieved by integration of innovation activities into business strategies? (choose every correct answer.) multiple select question. human capital resources are drastically increased. management is encouraged to dedicate resources to innovation. innovation by the competition becomes irrelevant. employees feel committed to innovation in the organization.

Answers

Management is encouraged to dedicate resources to innovation and employees feel committed to innovation in the organization, this is achieved by the integration of innovation activities into business strategies.

Business economics is an area of applied economics that research the economic, organizational, marketplace-related, and environmental issues confronted by means groups. commercial enterprise economics encompasses topics such as the idea of scarcity, product elements, distribution, and consumption.

Enterprise refers to an enterprising entity or enterprise that consists of professional sports. They can be industrial, commercial, or others. For-earnings commercial enterprise entities do commercial enterprise to earn a profit, even as non-earnings ones do it for a charitable undertaking.

Learn more about business here: https://brainly.com/question/24448358

#SPJ4

*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
A. A factory in Vietnam can produce more shoes than other
countries.
B. The total value of U.S. exports is lower than the value of the
country's imports.
C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy

Answers

Answer:

A. A factory in Vietnam can produce more shoes than other

countries.

Explanation:

Absolute advantage is the potential of an individual,  a company, or a  country to produce a higher quantity of output than its competitors while using the same inputs. It means an institution with absolute advantage has more efficiency in producing a particular commodity than its rivals. It utilizes lower marginal cost (materials and labor), making its output much cheaper than others.

A factory in Vietnam has an absolute advantage because it can produce shoes at a lower cost than others. Absolute advantage makes the factory more competitive in the market than its rivals.

Answer:

a.

Explanation:

ap3x test

Which of the following are automatically withheld from paychecks?

Answers

Taxes are automatically withdrawn from paychecks.

Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. What is one of the benefits of using a trading company?.

Answers

Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. One of the benefits of using a trading company is that it facilitates all marketing aspects of a transaction.

In the field of business, a trading company is a business company that is involved in the purchase of products from one country and selling it across other countries.

Manufacturing companies, like the one in which Stephanie is working, are not much familiar with various aspects of international marketing. Hence, they use trading companies for selling their products internationally. A trading company reduces the risk of loss internationally and also facilitates with all marketing aspects that are required for the selling of a product in other countries.

In this way, a manufacturing company can focus on making of their product rather than forming various strategies to sell their product in different countries.

Although a part of your question is missing, you might be referring to this question:

Stephanie works for a company that manufactures purses and is considering employing a trading company to reduce the risk of getting involved in international marketing. What is one of the benefits of using a trading company?

It negotiates with the government to get the best deals.

It handles all manufacturing services

It facilitates all marketing aspects of a transaction

It develops advertising campaigns for the advertising firm.

To learn more about international marketing, click here:

brainly.com/question/20860719

#SPJ4

How many peaks has amazon’s ceo of worldwide stores, doug herrington, been at amazon?.

Answers

Longtime Amazon executive Doug Herrington will take over as the new chief executive of Worldwide Amazon Stores, CEO Andy Jassy announced.

Amazon.com, Inc.[ is an Associate in Nursing American multinational technology company focusing on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. it's been stated as "one of the foremost authoritative economic and cultural forces within the world", and is one of the world's most dear brands. It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft.

Amazon was based by Jeff Bezos from his garage in Bellevue, Washington, on July 5, 1994. at the start of a web marketplace for books, it has swollen into a mess of product categories, a technique that has earned it the moniker The Everything Store.

Learn more about Amazon   here

https://brainly.com/question/11776305

#SPJ4

Congress votes to halt all oil drilling in the Gulf of Mexico. Explain the impact on economic growth

Answers

Economic growth would be significantly impacted, both immediately and over time if all oil drilling in the Gulf of Mexico were to cease.

A stop to drilling would cause significant employment losses in the oil and gas business, which employs many people in the Gulf of Mexico. Oil and gas corporations would probably cut back on their capital investments and expenditures in the area when drilling came to an end.

In addition to the oil and gas corporations, other companies that depend on the sector, such as suppliers, service providers, and local businesses, would also be impacted by these employment losses.

Therefore, any big policy shift, such as stopping oil drilling, would have far-reaching effects that would necessitate careful analysis and control because economic growth is a complicated process influenced by numerous factors.

Learn more about Oil Drilling here:

https://brainly.com/question/29660245

#SPJ12

A commenced his cloth business on 1st April, 2018 with a capital of ₩30,000. On 31st March 2019, his assets were worth ₩50,000 and liabilities of ₩10,000. Find out his closing capital and profits earned during the year.

\( \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \)
Help me with this question ~​

Answers

Answer:

Profits = ₩10,000

Closing Capital = ₩40,000

Explanation:

Let's note down the given information at first.

Opening capital = ₩30,000Worth of assests after 1 year = ₩50,000Liabilities = ₩10,000

Now,

Profits

= (Worth of assets after 1 year - Liabilities)  - Opening capital

= (₩50,000 - ₩10,000) - ₩30,000

= ₩10,000

Next, let's find the closing capital

= Assets - Liabilities

Assets                ₩50,000

Liabilities              ₩10,000

\(\rule{150pt}{1pt}\)

Closing capital      ₩40,000

\(\rule{150pt}{2pt}\)

Byron Books Inc. recently reported $9 million of net income. Its EBIT was $16.1 million, and its tax rate was 25%. What was its interest expense

Answers

To find the interest expense of Byron Books Inc., we can start with the formula for calculating net income:

Net Income = EBIT - Interest Expense * (1 - Tax Rate)

Rearranging the formula, we can solve for interest expense:

Interest Expense = (EBIT - Net Income) / (1 - Tax Rate)

Given that Byron Books Inc. reported a net income of $9 million, EBIT of $16.1 million, and a tax rate of 25% (or 0.25), we can substitute these values into the formula:

Interest Expense = (16.1 million - 9 million) / (1 - 0.25)

Interest Expense = 7.1 million / 0.75

Interest Expense = $9.4667 million or approximately $9.47 million

Therefore, the interest expense of Byron Books Inc. is approximately $9.47 million.

Learn more about interest expense  here:

https://brainly.com/question/29492215

#SPJ11

Final answer:

The interest expense of Byron Books Inc. is $7.1 million.

Explanation:

Interest expense is a financial cost that a company or individual incurs when borrowing money. It's typically associated with loans, bonds, or credit lines. This expense represents the amount paid to the lender as compensation for the use of their funds. For businesses, it's a deductible expense, reducing taxable income. Monitoring and managing interest expense is crucial for financial health, as excessive interest payments can strain cash flow and negatively impact profitability. Byron Books Inc. recently reported $9 million in net income. Thus,

To find the interest expense, we can use the formula:

Interest Expense = EBIT - Net Income

Substituting the given values:

Interest Expense = $16.1 million - $9 million

= $7.1 million

Learn more about Interest Expense here:

https://brainly.com/question/33177136

#SPJ12

Which of the following is an
example of an operative
employee?

Answers

Explanation:

I just did this yesterday!

its assembled line worker

2+5=32
4 how is he 5 at the same time

Answers

Answer:

7 = 32

Explanation:

??

I want to be a Architect or vet does anyone know what i should choose for GCSE's.

Answers

Answer:

for me I want you to choose vet because I love animals

Explanation:

But follow your heart it's your choice choose wisely

It really doesn’t matter what you choose for GCSEs but if your school offers triple science I would opt for that. If you’re good at art you could also pick that but alevel options are more important.

For all company disbursements, including dividends and
liquidation payments, preferred stock comes in last.
1) True or False and please explain why

Answers

The statement "For all company disbursements, including dividends and liquidation payments, preferred stock comes in last" is False.

Preferred stock generally has priority over common stock in terms of receiving dividends and liquidation payments. However, it does not always come last, as the specific terms and conditions of the preferred stock issuance and the company's financial situation can influence the payment hierarchy.

The statement is false because preferred stock typically has a higher claim on company disbursements compared to common stock.

Preferred stockholders have a preference when it comes to receiving dividends. Companies are obligated to pay dividends to preferred stockholders before distributing them to common stockholders.

In the event of liquidation, preferred stockholders also have priority over common stockholders in receiving payments. They are entitled to a specified amount or percentage of the company's assets before any residual value is distributed to common stockholders.

However, it is important to note that the payment hierarchy may vary depending on the terms and conditions specified in the preferred stock agreement.

Some preferred stocks may have cumulative provisions, which require the company to pay any missed dividends in subsequent periods before paying dividends to common stockholders.

Additionally, the financial situation of the company may also impact the order of disbursements. If the company faces financial difficulties, it may suspend or reduce dividend payments to preferred stockholders, affecting the payment hierarchy.

Learn more about stockholders here:

https://brainly.com/question/18523103

#SPJ11

one aspect of a research objective is that it should be

Answers

One aspect of a research objective is that it should be achievable. A research objective can be described as the reason why that research study is being carried out.

This is one very important part of a research. The ability of the research to be successful can be determined by its achievability or if it is vague.

A good research has to be achieved within a defined timeline and budget. If it is not something that can be achieved then the research is not taking a good turn.

Read more on https://brainly.com/question/3140535?referrer=searchResults

Heya, guys! I got banned yesterday, but now I'm back! It's good to be back, hahahaha!
So this doesn't get deleted what's
47 + 15

Answers

The answer is 72 lol

Answer:

nEVeR gONnA gIVe yOu uP

nEVeR gONNa lET yOu dOWn

Explanation:

Which of the following is the best way to make sure you have good customer retention?
A. Give coupons to new customers
B. Provide good customer service
C. Offer Internet sales
D. Use sales quotas

Answers

Answer:

B. Provide good customer service

Explanation:

Customer service refers to taking care of customers' needs by providing timely, professional, and useful assistance to the customer at all times. It involves addressing customer concerns by providing meaningful support when required.

Customer service entails a one-on-one interaction with a client.  The customer service agent must portray a genuine willingness to support the customer. They need to demonstrate passion for work and customers throughout the interaction. Good customer service create loyal customers.

which type of lease escalation ties lease payments to a market indicator? a.unset starred b.question base c.direct operating d.costs expense e.stop index

Answers

Option (e), The type of lease escalation that ties lease payments to a market indicator is called a stop index lease.

A stop index lease, the rent increases are based on changes in a specific market indicator, such as the Consumer Price Index (CPI) or a benchmark interest rate. When the market indicator reaches a certain point, the lease payments "stop," or are frozen at a certain level. This allows for some protection against extreme market fluctuations, while still providing some level of rent increases tied to the overall economy.

Learn more about the Consumer Price Index (CPI): https://brainly.com/question/20397912

#SPJ11

Walmart, Domino's, and Avis Rent-a-Car are examples of
a. agents.
b. industrial distributors.
C. retailers.
d. wholesalers.

Answers

Answer:

they are examples of retailers

New oil is reserves are discovered. What has increased in supply.
A CAPITAL
B ENTERPRISE
C LABOUR
D LAND

Answers

The correct answer is D. Land

Explanation:

In economics, land is one main factor of production and includes natural resources that can be used to make products, for example, wood can be used to made furniture or fruits can be used to produce juice, jam, and similar. Also, these resources are classified into renewable and nonrenewable depending on whether they are abundant and replenish in a short time. Oil is considered part of the land factor because this is a non-renewable resource that is used to produce goods such as fuels or plastic. Therefore, if new oil reserves are discovered there is an increase in land supply because more natural resources are available to produce goods.

A questionnaire on the negative impact of the coronavirus as one of the socio economic issues of the business

Answers

Answer:

From my understanding,I don't think so

Explanation:

because of the coronavirus from where I'm living those that are selling face mask and hand sanitizer are benefiting more from it than others

11. Which of these does NOT represent a type of credit?
*
1 point
A certificate of deposit (CD)
A credit card
A mortgage

Answers

A certificate of deposit (CD) does not represent a type of credit.

A certificate of deposit (CD) does not represent a type of credit. A certificate of deposit is a financial instrument offered by banks and credit unions that allows individuals to deposit a certain amount of money for a fixed period of time, typically ranging from a few months to several years. In return, the financial institution pays the depositor a fixed interest rate.

Unlike credit cards and mortgages, which involve borrowing money, a CD involves depositing money with the financial institution. The individual essentially lends money to the institution, and in return, earns interest on the deposited amount. The interest rate offered on a CD is predetermined and agreed upon at the time of purchase.

CDs are considered to be a low-risk investment option because they are typically insured by the government up to a certain amount. They provide a stable and predictable return on investment, making them attractive to individuals who prioritize safety and want to preserve their principal.

In summary, while credit cards and mortgages involve borrowing money, a certificate of deposit is not a type of credit. Instead, it is a financial instrument that allows individuals to deposit money with a financial institution and earn a fixed interest rate over a specified period of time.

for similar questions on credit.

https://brainly.com/question/20414215

#SPJ8

Five years ago Thompson, an investor, ran across a board game that he enjoyed and believed the game would become very popular. He purchased 1,000 shares of the corporation that publishes the game. Unfortunately, the game was too complex for most casual game players and sales never amounted to much. Over the five years, the stock of the publisher has remained steady, but has not increased in value. This is an example of

Answers

This is an example of Business risk.

Business risk is the business a company Invested their money into which later  reduce their profit or become unsuccessful.

A company or organization that enter into  business in which they are unable to gain that   financial target they aim for after investing their money into the business is known as business risk.

Any Business a person, company or organization choose to enter into is a risk as you cannot actually predict what the outcome will be as to whether it will lead to financial gain or loss until you  start  the business.

Inconclusion This is an example of Business risk

Learn more about Business risk here:

https://brainly.com/question/17893150

Answer:

Business Risk! Believe it!

Explanation:

PLEASE HELP ASAP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER​

PLEASE HELP ASAP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER

Answers

Answer:

thomas edison: I have not failed. i've just found 10000 ways that won't work

Oprah Winfrey: Live your best life

Orville Redenbacher: Find something you love and do it

Explanation:

Hope this helps.

Answer:

Explanation:

Thomas Edison " What does I have not failed I've just found 10000 way "

Oprah Winfrey   " Live your best live"

Orville Redebnarcer "Find something you love and do it"

   

T/F - A taxpayer with over $2,500 of taxable interest or ordinary dividends must attach Schedule B to Form 1040.

Answers

True. A taxpayer with over $2,500 of taxable interest or ordinary dividends must attach Schedule B to Form 1040.

Schedule B is used to report the taxpayer's interest and dividend income, and it is required if the taxpayer's interest and dividend income exceeds $1,500. The purpose of Schedule B is to help the IRS ensure that taxpayers are reporting all of their income accurately and paying the correct amount of taxes. If a taxpayer fails to attach Schedule B when required, they may be subject to penalties and interest on any unpaid taxes.

It is important for taxpayers to carefully review the instructions for Form 1040 and Schedule B to ensure that they are meeting all of their reporting obligations and avoiding any potential penalties or interest charges.

Learn more about taxpayer here:

https://brainly.com/question/30654668

#SPJ11

Do you think you should use a zero-based budgeting system? Explain why or why not.

Answers

yes, because it gives you an opportunity to put forth money for the future on what to do with it. but only if you reach the zero at the end of the month. you can use it in many ways like emergency funds or an envelope system.
Other Questions
Your best friend consults you for investment advice. You learn that his tax rate is 30%, and he has the following current investments and debts: - A car loan with an outstanding balance of $5,000 and a 4.83\% APR (monthly compounding) - Credit cards with an outstanding balance of $10,000 and a 14.82% APR (monthly compounding) - A regular savings account with a $30,000 balance, paying a 5.51% effective annual rate (EAR - A money market savings account with a $100,000 balance, paying a 5.26\% APR (daily compounding) - A tax-deductible home equity loan with an outstanding balance of $25,000 and a 5.04\% APR (monthly compounding) a. Which savings account pays a higher after-tax interest rate? b. Should your friend use his savings to pay off any of his outstanding debts? 1. The block shown below is being putled to the right on a horizontal table,Which labeled vectors represent all the forces acting on the block? help im so confused bro A moving object is in equilibrium. Which best describes the motion of the object if no forces change?It will change directions.It will slow down and stop.It will maintain its state of motion.It will speed up and then slow down. this determines the order of ingredients on a food label. A 60 kg skydiver steps out of an airplane. A gravitational force of 588.6N is exerted on the skydiver. 1) calculate the acceleration of the skydiver using Newton's second law a= f/m 2)is the acceleration what you expected Make Predications When consumers choose not topurchase a good, what is one likely response bythe producer of that good?A. lower the price of the goodB. return the price of the good to an earlier levelC. keep the price of the good at the current levelD. raise the price of the good Solutes inside a cell include what?proteinsDNARNACarbohydratesAll the above Which approach is best for scrum teams in order to produce valuable? X2-4x+12x-3is Y = 1/2x- 5/4Please select the best answer from the choices providedTF Evaluate the function when x=2, 0, and 5. n(x) = 1 x + 4 a. How did the residents of donora initially respond? Why did OPEC impose an oil embargo against the United States What kind of figurative language is this.I'll see you in a bloom. What is the setting in The flying trunk story? how do you find circular motion? Unit 11 Volume & surface area Homework 5 A transformer has a primary voltage rating of 240 v and a secondary voltage rating of 80 v. If connected in a subtractive configuration what would be the voltage output structured programming and object-oriented programming (known as oop) are two popular approaches to programming design. discuss each design methodology including the differences between the two as well as why one methodology would be used over the other. when discussing structured programming, be sure to mention top-down and bottom-up design. when discussing oop, be sure to mention the purpose of objects and how they interact with one another. A store sells tents,sleeping bags,and campstools.A customer buys a tent, 2 sleeping bags, and 3 campstools for 212$.the price of the tent is 5 times the cost of a campstool.the cost of a sleeping bag is 6$more than the cost of a campstool.find the cost of was just item