Sloan company receives a $3,000, 3-month, 6% promissory note from day company in settlement of an open accounts receivable. what entry will sloan company make upon receiving the note? a. notes receivable 3,045accounts receivable—day company 3,045b. notes receivable 3,045accounts receivable—day company 3,000interest revenue 45c. notes receivable 3,000interest receivable 45accounts receivable—day company 3,000interest revenue 45d. notes receivable 3,000accounts receivable—day company 3,000

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2