On Feb 15th, the price of a commodity is $60.00 and the December futures price is $60.50. On September 15th, the price of the commodity is $64.00 and the December futures price is $64.10. A buyer of the commodity entered into a December futures contracts on Feb 15th to hedge the purchase of the commodity on September 15th. It closed out its position on September 15th. What is the effective price (after taking account of hedging) payed by the company for the commodity?

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?

howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?

Which of the following has the largest impact on opportunity cost