Turtle Corporation produces and sells a single product. Data concerning that product appear below:

Per Unit Percent of Sales
Selling price $ 150 100 %
Variable expenses 90 60 %
Contribution margin $ 60 40 %

The company is currently selling 7,100 units per month. Fixed expenses are $199,000 per month. The marketing manager believes that a $6,700 increase in the monthly advertising budget would result in a 110 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change?

Answer:

Retiring the oldest bond

Explanation:

Firms issue bonds to raise the funds. Firm has to pay dividend on those bonds and the ability of firm to pay dividend reflect the financial position of the firm. Thus, retiring the oldest bond in exposes company to the most risk of being issued an emergency loan

Answer:

a. What is the unemployment rate in this economy in a typical month?

b. What fraction of unemployment spells lasts for one month? What fraction lasts for six months?

c. What is the average duration of a completed spell of unemployment?

d. On any particular date, what fraction of the unemployed are suffering a long spell (six months) of unemployment?

Explanation:

given:

total labor force = 500 people

every month 5 people are frictionally unemployed

at January 1, 20 people lose their jobs and find new jobs by the end of June

at July 1, 20 people lose their jobs and find new jobs by the end of December

total unemployed on a typical month = 5 + 20 = 25 ⇒ 5%

unemployed for 1 month = 5 ⇒ 1%

unemployed for 6 months = 20 ⇒ 4%

average duration of unemployment = [(20 x 6) + (5 x 1)] / 25 = 5 months

on any day, 20/25 = 80% of the unemployed are suffering a long spell unemployment

Answer:

a) 5%

b) 0.60 0.40

c) 3months

d) 80%

Explanation:

The solution is attached in the picture below

Answer:

The journal entry to record the direct material used in production is given below:

Dr Work-In Process Inventory  $40000

Cr Raw Materials Inventory                       $40000

Explanation:

The work in process inventory is debited since it is the receiving account ,while raw material inventory is credited as it is the giving account.

The work in process depicts raw materials currently being worked upon at the production, from which completed goods are then transferred to finished goods inventory.

The raw materials inventory account is the account where raw materials received from vendors are first of all recorded before the need to issue to production process.

When such materials are received in the warehouse , the raw materials inventory account is debited while the supplier account is appropriately credited to show the amount of indebtedness.

Answer:D

Explanation:

Hypothalamus is a small region of the brain. It's located at the base of the brain near the Pituitary gland. Therefore panic disorder order and anxiety disorder is associated with hypothalamus.

Answer:

$17,000

Explanation:

Retained earnings is the sum of all nondistributed profits earned by a company since it begun operations. Retained earnings either increase or decrease as a result of net income or loss and dividend paid to shareholders.

Dividends paid = beginning retained earnings + Net income - ending retained earnings

$35,000 + $21,500 - $39,500 = $17,000

I hope my answer helps you

The level of Greene Sisters company's accounts receivable is calculated by multiplying the average daily sales by the Days Sales Outstanding (DSO), resulting in $400,000.

The student's question pertains to calculating the level of accounts receivable based on the Days Sales Outstanding (DSO) and average daily sales. In this case, the Greene Sisters company has a DSO of 20 days and average daily sales of $20,000. To find the level of accounts receivable, we use the formula:

Accounts Receivable = Average Daily Sales × DSO

Accounts Receivable = $20,000 × 20

Accounts Receivable = $400,000

Thus, the level of Greene Sisters' accounts receivable is $400,000.

Answer:

Explanation:

East division segment margin = Contribution margin - Direct fixed expense

Contribution margin = $240,000*35% = $84,000

Direct fixed expenses = $48,000

So segment margin is  84,000 - 48000   = $36000

Answer is option A

To calculate the East Division’s segment margin for July, the total contribution margin for the East Division needs to be calculated. The segment margin is then calculated by subtracting the total fixed expenses from the total contribution margin. The East Division’s segment margin for July is $84,000.

To calculate the East Division’s segment margin for July, we first need to calculate the total contribution margin for the East Division. The contribution margin is calculated by subtracting the direct fixed expenses from the sales revenue, and then multiplying it by the contribution margin ratio. For the East Division, the total contribution margin would be ($240,000 - $48,000) * 35% = $84,000.

The segment margin is then calculated by subtracting the total fixed expenses from the total contribution margin. For U.S. Products, the total fixed expenses during July was $200,000. Therefore, the East Division’s segment margin for July would be $84,000 - $200,000 = $-116,000.

Since the segment margin is negative, it indicates that the East Division has a loss for the month of July. Therefore, the correct answer is: d. $84,000.

Answer:

$862

Explanation:

We assume the face value of the bond to be $1000

Coupon rate is 5% paid annually

Coupon payment = 5% x $1,000 = $50

Current market rate or Yield to Maturity (YTM) = 8.50%

We need to calculate the current market price of this bond.

Current price = [tex]\frac{FaceValue}{(1 + ytm)^{N} }[/tex] + [ Coupon payment x  [tex]\frac{1 - \frac{1}{(1 + r)^{N} } }{r}[/tex]   ]

Where,

Face Value = $1000

Coupon Payment = $50

N = 5

r = 0.085 or 8.50 %

After plugging in the values in the above equation We get the current price as $862

$862 is the maximum amount Jason should be willing to pay for this bond

To prepare a bank reconciliation for Oscar's checking account, compare the cash ledger with the bank statement and make adjustments for discrepancies in deposits, checks, outstanding items, and additional information from the bank. The final adjusted balance on the cash ledger is $7,150.

In order to prepare a bank reconciliation for Oscar's checking account on February 28, 2018, we need to compare the company's cash ledger with the bank statement and make adjustments for any discrepancies. Here's the step-by-step process:

The final adjusted balance on Oscar's cash ledger on February 28, 2018 is $7,150.

Answer:

The correct answer is (C)

Explanation:

Corporate dissolution is a termination of cooperation that results after a complete consent of the board of directors.  Likewise, a corporate dissolution is a serious step that can begin with a board resolution. If the board of directors are on one page then it becomes easier to dissolve cooperation. It can only be done by a vote to approve the resolution by the board of directors and shareholders.

The eliminating entry (R) would credit the Investment in Safestyle account by $38,500,000 on the December 31, 2020 consolidation working paper. This is the outcome of the initial investment of $50 million less the accumulated retained earnings and impairments.

The Investment in Safestyle account on the December 31, 2020 consolidation working paper, eliminating entry (R) would be credited by $38,500,000. This is calculated by deducting the change in retained earnings and the impairment losses from the initial investment of $50 million. Here is how it works:

The difference between the initial investment and the sum of end retained earnings and the total impairments gives us $50,000,000 - $12,800,000 - $1,500,000 = $38,500,000.

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Final answer:

Gabriel Farms satisfies the safety needs of Maslow's hierarchy by providing a living wage, ensuring employee financial security.

Explanation:

A living wage provided by Gabriel Farms satisfies the safety needs in Abraham Maslow's hierarchy of needs. These safety needs are the second tier in Maslow's pyramid, right after physiological needs, and include personal and family safety as well as financial security.

By paying a living wage, Gabriel Farms ensures their employees meet their basic financial security, which is essential before an individual can focus on higher levels of the pyramid, such as love and belonging, esteem, and self-actualization needs.

Answer:

The correct answer is letter "A": Guide product development with customer feedback.

Explanation:

Companies make market researches before starting the manufacturing of a product. However, even if a study has been conducted to have a clear idea of what consumers want, the initial product offered may not meet customers' needs for different reasons.

In such a case, companies should take advantage of the feedback clients can provide about the product so those suggestions can be considered into the production process which will result in an output that matches better consumers' expectations.

To record transactions and prepare a partial income statement using a perpetual inventory system, follow the given steps and calculate the necessary values.

To record transactions and prepare a partial income statement using a perpetual inventory system, we need to follow these steps:

Using these transactions, we can then prepare a partial income statement by calculating the sales revenue, cost of goods sold, and gross profit based on the given information.

Learn more about Perpetual Inventory System here:

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Answer:

The correct answer is: No, it is not legal.

Explanation:

The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits debt collectors from using abusive, unreasonable, or misleading money-recovery methods. That is meant to protect debtors from harassment or intimidation.  

Collectors cannot present themselves as law enforcement or government officials, they cannot call people at work or multiple times at home or during out hours, they cannot pass off papers as legal documents when they are not, they cannot arrest you, or lie in any way.

Thus, Sekelow has violated the FDCPA by sending debtors postcards requesting contact from their end.

Answer:

B. $5600

Explanation:

Purchase price = $35,000

Expected life cycle= 10 years

Salvage value= $3000

Depreciation expense at the year 2= ?

Solution:

Using a straight line method.

Depreciation= Purchase price/expected useful life( straight line method)

Depreciation= 35,0000/10

=$3500 which is equivalent to 10% of the original price.

Using double declining-balance method, the value will double to

Depreciation expense in Year 1 = (20% of $35000) $7000

Depreciation expense in Year 2=

(20% of $28,000) $5600

Using the double declining balance method, the Year 2 depreciation expense for the truck purchased by Missouri Co. is $5,600, calculated by applying a rate of 20% to the book value at the start of Year 2.

In the double declining balance method of depreciation, the book value of the asset is multiplied by double the rate of straight-line depreciation, which in this case is 20% as the life of the truck is 10 years (1/10 = 10% x 2 = 20%). However, in Year 1, Missouri Co. would have already recognized an expense based on this method. Therefore, the book value at the beginning of Year 2 is the original cost of the truck ($35,000) minus the Year 1 depreciation. Let's assume that the Year 1 depreciation was $7,000 (20% of $35,000), so the starting book value in Year 2 will be $28,000 ($35,000-$7,000). Applying the 20% rate to this value, the depreciation expense recognized in Year 2 would be $5,600 ($28,000 * 20%). So, the correct answer is b. $5,600.

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To record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record using the FIFO method, track units and cost of each transaction. Determine total sales and cost of merchandise sold. Calculate gross profit from sales. Determine ending inventory cost as of March 31. LIFO method would expect lower inventory.

To record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record using the first-in, first-out (FIFO) method, we need to track the units and cost of each transaction. Here is an example of the perpetual inventory record:

DateTransactionNumber of UnitsPer UnitTotalJan. 1Inventory7,500$75.00$562,50010Purchase22,500$85.00$1,912,50028Sale11,250$150.00$1,687,50030Sale3,750$150.00$562,500Feb. 5Sale1,500$150.00$225,00010Purchase54,000$87.50$4,725,00016Sale27,000$160.00$4,320,00028Sale25,500$160.00$4,080,000Mar. 5Purchase45,000$89.50$4,027,50014Sale30,000$160.00$4,800,00025Purchase7,500$90.00$675,00030Sale26,250$160.00$4,200,000

To determine the total sales and the total cost of merchandise sold for the period, we can calculate the sum of the sales and multiply it by the corresponding costs:

Total Sales = $1,687,500 (Jan. 28 Sale) + $562,500 (Jan. 30 Sale) + $225,000 (Feb. 5 Sale) + $4,320,000 (Feb. 16 Sale) + $4,080,000 (Feb. 28 Sale) + $4,800,000 (Mar. 14 Sale) + $4,200,000 (Mar. 30 Sale) = $19,884,000

Total Cost of Merchandise Sold = 11,250 units (Jan. 28 Sale) x $75.00 per unit (Jan. 1 Inventory cost) + 3,750 units (Jan. 30 Sale) x $75.00 per unit (Jan. 1 Inventory cost) + 1,500 units (Feb. 5 Sale) x $75.00 per unit (Jan. 1 Inventory cost) + 27,000 units (Feb. 16 Sale) x $85.00 per unit (Jan. 10 Purchase cost) + 25,500 units (Feb. 28 Sale) x $85.00 per unit (Jan. 10 Purchase cost) + 30,000 units (Mar. 14 Sale) x $89.50 per unit (Mar. 5 Purchase cost) + 26,250 units (Mar. 30 Sale) x $89.50 per unit (Mar. 5 Purchase cost) = $14,797,500

The gross profit from sales for the period can be calculated by subtracting the total cost of merchandise sold from the total sales:

Gross Profit = Total Sales - Total Cost of Merchandise Sold = $19,884,000 - $14,797,500 = $5,086,500

To determine the ending inventory cost as of March 31, we can calculate the remaining units multiplied by the corresponding costs:

Ending Inventory Cost = 45,000 units (Mar. 5 Purchase) x $89.50 per unit (Mar. 5 Purchase cost) + 7,500 units (Mar. 25 Purchase) x $90.00 per unit (Mar. 25 Purchase cost) = $4,027,500 + $675,000 = $4,702,500

Based on the data provided, using the last-in, first-out (LIFO) method, we would expect the inventory to be lower compared to using the FIFO method. This is because LIFO assumes that the most recently purchased inventory is sold first, which would result in higher costs being allocated to the cost of merchandise sold, leaving lower-cost inventory on hand.

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To record the inventory, purchases, and cost of merchandise sold using the FIFO method, follow these steps: start with the beginning inventory, record purchases, and calculate the cost of goods sold for each sale. The total sales for the period would be $12,152,500, and the total cost of merchandise sold would be $11,625,000. The ending inventory cost as of March 31 would be $562,500. Using the LIFO method, the inventory value is expected to be lower.

To record the inventory, purchases, and cost of merchandise sold using the first-in, first-out (FIFO) method, we need to follow these steps:

Based on the given information, the total sales for the period would be $12,152,500, and the total cost of merchandise sold would be $11,625,000. The gross profit from sales for the period would be $527,500.

The ending inventory cost as of March 31 can be calculated by subtracting the cost of merchandise sold from the total cost of inventory available. In this case, the ending inventory cost would be $562,500.

For the last-in, first-out (LIFO) method, the inventory value would be expected to be lower because it assumes that the most recent purchases are the first ones sold.

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Answer:

Explanation:

Feb. 1

prepaid rent   200

           Cash           200

To record the advance rent payment

Feb. 4

Cash  800

   Advance liability 800

To record received for future supplies

Feb. 7

Cash 900

     Contract liability 900

Payment for the service to be provided

Feb. 10

Advance wages      1200

                Cash              1200

Advance wages payment to pilot

Feb. 14

Adv to Advertise  100

      Cash                       100

Advance payment for advertisement expense.

Feb. 18

Cash  795

Account receiveable 1710

                     Revenue                2510

To record the accrued revenue

Feb. 25

inventory  1730

  Account payable 1730

purchases on credit

Accrual basis journal entries for transactions in Rowland & Sons Air Transport Service, Inc. in February.

Feb. 1: Rent expense 200 cash 200

Feb. 4: Cash 800 unearned revenue 800

Feb. 7: Cash 900 service revenue 900

Feb. 10: Pilot wages expense 1,200 cash 1,200

Feb. 14: Advertising expense 100 cash 100

Feb. 18: Cash 795 unearned revenue 795
Accounts receivable 1,710 service revenue 2,505

Feb. 25: Supplies 1,730 accounts payable 1,730

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Answer:

529.64 million or $529,639,600 was received from the sale of bonds.

Explanation:

Money Raised from the sale is based on the current value of the bond. Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

As per given data

Face Value = $2,000

Coupon payment = $2,000 x 6.02% = $120.4 /2 = $60.2 semiannually

Number of period = n = 25 years x 2 period per year = 50 period

Yield to maturity = 6.46% annually = 6.46% / 2  = 3.23% semiannually

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = $60.2 x [ ( 1 - ( 1 + 3.23% )^-50 ) / 3.23% ] + [ 2,000 / ( 1 + 3.23% )^50 ]

Price of the Bond = $1,483.51 + $408.06 = $1,891.57

Cash received = Number of bonds x Price per bond = 280,000 x $1,891.57 = $529,639,600

Answer:

As it can sale up to 140 it should sale 140 units

Explanation:

P = Q^2 - 100Q + 4800

C = 2/3Q^2 -30Q + 15,000Q^-1

Profit per unit P - C = (1/3Q^2 -70Q + 4800 - 15000Q^-1)

Total Profit Profit per unit x Q

1/3Q^3 - 70Q^2 + 4800Q - 15000

As this is a third degree equation the profit scalates therefore the company should sale as much as possibley can to make profit

As it can sale up to 140 it should sale 140 units

Also if we try to detemrinate the point at which Marginal revenue matches Marginal cost:

Revenue

P x Q = (Q^2 - 100Q + 4800) x Q = Q^3 - 100Q^2 + 4800Q

marginal Revenue (slope of the revenue funciton)

3Q^2-200Q+4,800

Cost

C x Q = (2/3Q^2 -30Q + 15,000Q^-1)* Q = 2/3Q^3 -30Q^2 + 15,000

Marginal Cost (slope of the cost function)

2Q^2 - 60Q

Marginal Revenue = Marginal Cost

3Q^2-200Q+4,800 = 2Q^2 - 60Q

Q^2 -140Q + 4800 = 0

When solving with the quadratic formula for the root (profit maximization point we notice the isn't a solution thus It cannot be solved which enhance the previous point that there isn't a profit maximization point in this assignment.

To find the profit-maximizing output, we need to compute the total revenue from the demand function and total cost from the average-cost function, and subtract the total cost from the total revenue to get the profit function. By computing the derivative of the profit function, setting it to zero, and solving for q, we can find the output (q) for maximum profit. Substituting this q into the profit function gives the maximum profit.

To answer this question, we need to understand the concepts related to profit maximization in economics. In this scenario, the profit is obtained by subtracting the total cost from the total revenue.

The total revenue (TR) can be computed from the demand function p*q; substituting p from the given demand equation, we have TR = q*(q^2 - 100q + 4800)

The total cost (TC) is obtained by multiplying the average cost (c) by q; using the given average-cost function, we have TC = q*(2/3*q^2 - 30q + 15000/q). By substituting q with 140 (maximum production), we can find TC.

The profit function Π is computed as the difference between total revenue and total cost (Π = TR - TC). For the maximum profit, we need to find the derivative of the profit function and set it to zero, solving for q. The corresponding maximum profit can be found by substitutionΠ this q value into the profit function.

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Given Information:

Lifetime cap  = 5 %

Initial interest rate = 4 %

Periodic adjustment rate = 1%

Required Information:

Maximum annual interest rate = ?

Answer:

Maximum annual interest rate = 9%

Explanation:

In adjustable rate mortgage scheme, lifetime cap is the maximum limit that is allowed after the initial the interest rate. The periodic adjustment rate is 1% and it is the maximum adjustment allowed in one year.

Maximum annual interest rate = Initial interest rate + Lifetime Cap

Maximum annual interest rate = 4% + 5%

Maximum annual interest rate = 9%

Therefore, maximum annual interest rate you could end up paying on the ARM is 9%

Options:

A) Reading news articles about a heist that occurred last year at a bank in California.

B) Viewing security footage that shows a recently fired employee stealing from the cash register.

C) Searching the internet for stories about incidents that commonly occur in casual dining restaurants around the country.

D) Identifying how often floods, earthquakes, and fires occur in your area of Virginia.

Answer:B) Viewing security footage that shows a recently fired employee stealing from the cash register.

Explanation: Historical data are a set of data collected earlier about certain issues or subjects, historical data helps decision makers to prepare and take adequate and necessary steps to mitigate or stop the recurrence of adverse activities or prepare for a good and Positive outcome.

VIEWING THE SECURITY FOOTAGE OF A RECENTLY FIRED EMPLOYEE STEALING FROM THE CASH REGISTER IS NOT A HISTORICAL DATA AS IT DEALS WITH PRESENT ISSUE BECAUSE IT OCCURED RECENTLY.

The total combined direct labor cost for Pooler Corporation for the months of April and May is $115,584.

To calculate the total combined direct labor cost for April and May, we must consider the direct labor hours needed for production and the guaranteed minimum hours that the workers will be paid for.

Calculations for April

Direct labor hours required for production:
= 7,200 units * 0.74 hours/unit
= 5,328 hours

The guaranteed minimum hours paid:
= 5,480 hours (since this is higher than the hours required for production, this is the number of hours that will be paid for)

Direct labor cost for April:
= 5,480 hours * $10.40/hour
= $57,792

Calculations for May

Direct labor hours required for production:
= 6,800 units * 0.74 hours/unit
= 5,032 hours

The guaranteed minimum hours paid:
= 5,480 hours (since this is higher than the hours required for production, this is the number of hours that will be paid for)

Direct labor cost for May:
= 5,480 hours * $10.40/hour
= $57,792

Total Direct Labor Cost

Total combined direct labor cost for April and May:
= $57,792 (April) + $57,792 (May)
= $115,584

Answer:

$7,120

Explanation:

Given that,

Assets = $85,900

Liabilities = $13,500

Fair value of assets = $90,500

Fair value of its liabilities = $13,500

Amount paid to acquire all of its assets and liabilities = $84,120

Net assets:

= Fair value of assets - Fair value of its liabilities

= $90,500 - $13,500

= $77,000

Goodwill = Purchase consideration - Net assets

               = $84,120 - $77,000

               = $7,120

In the case Lucy v. Zehmer (1954), we learn that the mental assent of the parties is not requisite for the formation of a contract. In this case, Zehmer signed a note promising to sell his farm to Lucy while he was drunk. Afterwards, he refused to proceed.

The court stated that Lucy acted reasonably when he expected to receive the farm as had been stipulated in the contract. Moreover, the court found evidence of the fact that Zehmer was not drunk enough to not know what he was doing.

I believe that the facts of this case do not need to be changed. It is important that undisclosed intention remains immaterial except when an unreasonable meaning is known to the other party. This is because people need to be able to trust a person's word and intention when a contract is created. Under the objective theory of contracts, this sale contract should be considered a serious business transaction.

Answer:

A. True

The response denotes strong interest in helping the individual with the invoice process

Answer:

False

Explanation:Direct reply letters are letters issued by Organisations to either their suppliers or other participants in their business,it is usually written to give a reply to an enquiry or in response to a correspondence.

A direct reply letter should meet certainly criteria which includes the following;

(1) It must have a subject

(2) It should contain previous correspondence

(3) It should be clear and unambiguous

(4) It should be legible etc

AN EFFECTIVE DIRECT REPLY LETTER MAKES COMMUNICATION DECENT AND EFFECTIVE AND ASSISTS IN FACILITATING A POSITIVE PROJECT OR BUSINESS OUTCOME.

Answer:

The firm should continue to produce at a loss.

Explanation:

As long as intersection of Marginal cost curve and marginal revenue curve is above the $150, it is advisable for firm to continue its operations since in case of shut down it would be bearing a loss of whole fixed cost

Full question:

Elsa joined her new law firm expecting to have a part in exciting environmental law cases, and cutting edge research. After one month at the firm she still hasn't been assigned a case and spends most of her time filing standardized appeals for title disputes with insurance companies. In which stage of the socialization process is Elsa?

A) prearrival

B) encounter

C) metamorphosis

D) ritual

E) systemic

Answer:

encounter  stage of the socialization process is Elsa

Explanation:

Encounter Stage is the portion of the grades of socialization where a character enters or enrolls in an organization. Encounter is the secondary stage of socialization. People determine how to fit their expectations of equal entities inside the organization.

Because of the encounter stage, and how well a fresh employee fits, it circumscribes the potency, responsibility, and turnover of an employee. This is the type of transition, diversity, and wonder of the newcomer. This can generate a lot of stress for a fresh employee.

Answer:

a) $110 per barrel equals 20,000,000 gains

while %150 per barril equals 20,000,000 loss

b) by entering the fordward contract the firm will purchase the barrel at the market value of the moment but, the contract will give the difference to the firm when it is above that level thus, there is no risk of a higher cost)

If the price is below 130 dollars then, the firm will pay the difference to the other party. In both cases, the total cost for the millon barrels is $130,000,000 therefore, there is no risk on the fluctuation of the barrel of crude oil.

Explanation:

a) revenues - total cost = income

where cost can be explained as conversion csot and material cost.

170 million revenues - 40  conversion cost - 110 materials = 20 million gain

170 million revenues - 40  conversion cost - 150 materials = -20 million loss

Answer:

Specialty Chemical company

                                              low spot rates($110)     high Spot rates (150)

selling price                             $170 million                $170 million

cost of sales( 1 million)            $110 million                 $150 million

profits                                       $60 million                 $20 million

b.  The forward exchange contract versus the current spot rate is not a wise decision and has a loss of $ 5 million [($125 - $13) * 1 million] if the oil was to be bought using the current spot rate, but the Hedge is for next year and if spot rates increases then the Hedge will be an asset. if the spot rate is lower than the hedge then it is an liability. Demonstration needs  actual spot rate for the date of oil purchase.

Explanation:

The team members pour in their suggestions and Emily takes the final call on the inputs received by them. In this scenario, Emily is portrayed as a  consensus leader

Explanation: