What Is the Closing Value on This Day for One

question 111

Multiple Choice

What is the closing value on this day for one August futures contract on ethanol?

Ethanol - 29,000 U.S. gallons: dollars and cents per gallon

• A) $56,840
• B) $57,420
• C) $57,710
• D) $57.42 million
• E) $57.71 million

---

Definitions:

Strong Cultures

Refers to business environments where the company's core values are both widely understood and intensely held by employees.

Low Turnover

A situation in which an organization or industry experiences a minor rate of employee departures and replacements, indicating stability or employee satisfaction.

Bureaucratic

Relating to a system of government or organization that is characterized by strict procedures, rules, and a hierarchical structure of authority.

Nonadaptive Organizational Cultures

Organizational environments that struggle to adjust to changes, potentially leading to stagnation or failure.