Gold is currently trading at $1,645.50 per ounce with a carrying cost price of $1,693.97 per ounce for a four-month futures contract, what is the potential carry trade profit per ounce if the interest rate is 3%? Multiple Cholce $125 $4.97

Q: Two years ago, KenCorp purchased an asset that is classified with a 3-year recovery depreciation…

A: Data given: Asset purchased 2 years ago classified with a 3-year recovery period. Depreciation…

Q: You invest $11,000 in an account that pays simple interest of 2% for 1 year. Calculate the amount of…

A: Simple interest is an easy method of calculating the interest amount. Simple interest is calculated…

Q: Type your answer into a box using your keyboard or the online keyboard. Converting Wages If you earn…

A: Company is organizing business activities for the purpose of earning proper returns. This return can…

Q: 26. $ provide you with $30,000 for a down payment for your first home. You mentioned to her you plan…

A: 26. Time value of money is the concept widely used by management, individuals to determine the…

Q: History Bookmarks People Window Help 16% [4 Thu Apr 9 10:09 AM CengageNOWv2 | Online teach x Norton…

A: In Variable costing method, only variable expenses are taken for calculation, which varies according…

Q: Question 2 A. Two mutually exclusive projects are being evaluated. Each project has an initial…

A: NPV is increase the firm value and in mutually exclusive projects , higher NPV project selected. PI…

Q: ● Question 9 A 5% discount on a smart phone amounts to $90. What is the phone's list price? Answer =…

A: List price is the general price of goods in the market. Discount on list price is known as trade…

Q: Diane Thrift owns a personnel services company that provides temporary employees in four employment…

A: Cost of a supporting segment can be allocated to various departments based on an cost object. The…

Q: A company's sales in 2010 were P300,000 and in 2011 were P351,000. Using 2010 as the base year, the…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: The Garden Center department at a Walmart store in Michigan had a BOM (Beginning of Month) stock of…

A: A "department" is often referred to as a unique division or functional area inside an organization…

Q: Your aunt Sofia has $330,000 invested at 5.5%, and she plans to retire. She wants to withdraw…

A: Present value is an estimate of the present value of future cash values ​​that may be received at a…

Q: Fast pls solve this question correctly in 5 min pls I will give u like for sure Surbh Suppose you…

A: When the borrower borrows a loan from the lender, he has to a rate of interest on the borrowed…

Q: Question 11 DOUBLE TIME is overtime when 10 dollars an hour become 15 dollars an hour Your answer: O…

A: Double time is a financial term that means a payment made to the labour for an hour is doubled . On…

Q: Question 6 Celtic Corporation's management attempts to track the time it takes to process orders.…

A: Throughput time is the time taken to run the process from start to end for production of particular…

Q: Chapter 5 Problems 0 Saved Hetp Save & Ext Subnit Check my work Problem 5-5A (Static) Milligan's…

A: Sol : Federal income tax witholding : Particulars D. Balestreri Y. Milligan H.Curran D.Liberti…

Q: Fast pls solve this question correctly in 5 min pls I will give u like for sure Svtrik Perpetuity of…

A: Annual Payment = p = $5000Interest rate = r = 15%

Q: A person buys a phone for $88 and signs up for a single line phone plan with 2000 monthly anytime…

A: Total cost is made up of two cost one is fixed cost and other is variable cost that depends on use…

Q: o Apply the Goal Seek Analysis Add new Net Income Sparkline for January through March in Cell H24.…

A: The question deals with budget preparation and goal seek analysis.  It also requires excel…

Q: The following are the ledgers of XYZ Company for the year ended December 31, 2017. Net Sales…

A: Financial Ratio are one of the tool to Analysis Financial Statement. Income Statement of XYZ Company…

Q: A firm is considering an investment in a new machine with a price of $16.2 million to replace its…

A: The process that helps an investor/entity to decide whether to accept or reject any…

Q: Complete the table below the question above

A: The monthly cost = Flat rate + No. Of extra minutes x Variable rate Flat rate = $25 per month for…

Q: Consider the two savings plans below. Compare the balances in each plan after 11 years. Which person…

A: Here, Particulars Deposits of Y Deposits of Z Amount deposited (PMT)  $ 450.00  $5,400.00 APR…

Q: Determine the approximate monthly cost of going to lunch every Friday, averaging $8.15. (Assume four…

A: Average Cost per week is $8.15 Total number of weeks in a month are 4 To Find: Approximate Monthly…

Q: Q.No.1 Spark Cafe charges is PKR 500 for a full buffet deal per person. The manager told that the…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: how many days will it take &1200 to earn $12.22 interest at 16.9%?

A: Lets understand the basics.When we have interest income details, principle amount and interest rate…

Q: Explain the RIM trend thorught out the time period

A: RIM trend presents a comprehensive overview, market shares, and growth opportunities of RIM Market…

Q: You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner…

A: Working Note#1 Computation of depreciation tax shield: Depreciation tax shield=$2,200,000/4 *35%…

Q: A stock has an expected return of 13.5 percent, its beta is 1.16, and the expected return on the…

A: Expected return = 13.5%  Beta = 1.16 Market return = 12.50%

Q: ast pls solve this question correctly in 5 min pls I will give u like for sure Savtrik Question 14.…

A: Payback period is a capital budgeting tool. In this case you will loan the money to that friend…

Q: Suppose that operating costs associated with the 7-year service life of an asset start with $1500 in…

A: NPV is also known as Net Present Value. It is a capital budgeting technique which helps in decision…

Q: What is the current ratio if cash is $10,000, accounts receivable are $25,000, inventories are…

A: Current ratio is one of the liquidity ratios that is used to calculate the ratio between the amount…

Q: 1) IBM just paid a dividend of $1.25. Analysts expect dividends to grow at a continual rate of 4%…

A: 1. a. given, D0 (Current year dividend) = $1.25 growth ( g) =4% expected rate of return (r) = 9%…

Q: 1 Function: SUM; Formulas: Add; Multiply; Divide; Cell Referencing 2 3 E14.2a - Using Excel to…

A: Overhead allocation means the distribution of the overheads incurred to the relevant departments…

Q: LIon 24 The terms '2/10, n/30' appearing on an invoice for the sale/purchase of inventories means…

A: "Since you have asked multiple questions, we will solve only first question for you. If you want any…

Q: Fast pls solve this question correctly in 5 min pls I will give u like for sure Savitr Prudencia has…

A: Payment in 6 months = $2000 Payment in 9 months = $2000 Interest rate = 6%

Q: Question 28 B0/1 pt O3 3 99 Details Suppose you want to have $500,000 for retirement in 35 years.…

A: Present Value is the current value of the future sum of money at the specific rate of return.

Types of Insurance Contract

Insurance is a contract wherein an individual or entity gets financial protection from the insurance company for any damages or losses incurred. The individual or entity is called the insured, whereas the insurance company is called the insurer. The insured and the insurer enter a legal contract for a fixed term called the insurance term, and the contract is called an insurance policy.