The chicago mercantile exchange has announced the introduction of a financial instrument that is based on rainfall in the state of illinois. the standard agreement states that for each inch of rain over and above the average rainfall for a particular month, the seller will pay the buyer $1,000. this instrument could be sold by someone who from above average rainfall, and someone who by above average rainfall should buy the contract.

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Which of the following has the largest impact on opportunity cost

What talents or skills do u admire most in others