User Account

All Pages

What is the amount of gain or loss on the futures contracts

Assignment Help Accounting Basics
Reference no: EM133063696

QUESTION - On 1 April 2021 Joyce acquired two contracts in SPI200 futures in which she took a buy position. Contract unit is the value of the SP1200 index, multiplied by $25. The SP1200 index was 5500 on 1 April 2021. On 15 June 2021 she decided to close out her futures contracts, when the SPI200 index was 5050. What is the amount of gain or loss on the futures contracts?

Reference no: EM133063696

Questions Cloud

Theories of bargaining and negotiation : Explain how- from the film "Thirteen Days" explain how we can apply theories of bargaining and negotiation.
Evaluating human trafficking in south florida : Write a report evaluating Human Trafficking in South Florida.
Total cost of ownership : What is the importance of reliability in a production environment? How does TPM relate to Total Cost of Ownership (TCO)?
Calculate the marginal social benefit msb : There are two consumers of mosquito abatement, a public good. Dash's benefit from mosquito abatement is given by MBD = 100 - Q, where Q is the quantity of mosqu
What is the amount of gain or loss on the futures contracts : On 1 April 2021 Joyce acquired two contracts in SPI200 futures in which she took a buy position. What is the amount of gain or loss on the futures contracts
Evaluate the results of the samples : Control tests are often designed to provide a low or moderate level of control risk regarding the effective functioning of controls.
What is the purpose of whs legislation : Question 1: What is the purpose of WHS legislation? What does this entail in terms of duty of care for a business?
Food and beverage product recall : Identify the concepts and procedures needed for a food and beverage product recall from a manufacturer and from a retail store.
Explain how is this helpful to managers : Discuss traditional costing and why a better approach is/was needed. Explain how is this helpful to managers? References please

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd