George Q Farmer expects to harvest 50,000 bushels of soybeans in October. In April, when the spot price of soybeans was $8.74 /bushel, George hedged 80% of his expected harvest with November futures at 866. Soybean contracts are defined as 5000 bushels/c and trade in cents/bushel. In October George Q's harvest comes in at 48,000 bushels. The spot price of Soybeans is now $7.53 /bushel and the basis is now 0.0400. George's profit (loss) on his futures position is

Which website did you use to find the image you used in your career presentation? complete sentences are not necessary.

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces