What Is the Closing Value on This Day for One

question 101

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

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Understand the different types of bonds and their specific characteristics relevant to international finance.

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Definitions:

Cash Conversion Cycle

A metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Payables Deferral Period

The amount of time a company takes to pay off its suppliers after receiving goods or services, affecting its cash flow.

Daily Sales

The total revenue or amount of goods and services sold by a business within a single day.

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures needed to maintain or expand the asset base.