It is March 1 today. A firm is planning on selling a commodity 8 months from now on November 1. The firm enters into a December futures contract on March 1 to hedge the sale of the commodity on November 1. It closed out its position on November 1. On March 1 the price of the commodity is $1,001 and the December futures price is $1,013. On November 1 the price is $979 and the December futures price is $983. What is the effective price (after taking account of the hedge) received by the company for the commodity

Can you post a video on of the question that you need on

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.