Because of the increasing numbers of product placements, many news editors now ________
A) mention brands or companies in news columns
B) delete mention of brands or companies in news columns
C) flip a coin whether or not to mention a brand or company in a news column
D) ignore their publisher and treat well those who treat news reporters professionally
B
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Indicate whether the statement is true or false.
A farmer sells 4 million bushels of corn at a spot price of $2.10 per bushel. The total cost of production was $9.2 million. The farmer has an effective tax rate of 25%
If the farmer entered into a futures contract at a price of $2.40 per bushel on 4 million bushels, what is the farmer's net loss or gain? A) $100,000 loss B) $800,000 loss C) $300,000 gain D) $400,000 gain