Cash is generally listed last in the current asset section of the balance sheet.

a. true
b. false

Answer: b. false

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A company will buy 1000 units of a certain commodity in one year. It decides to hedge 80% of its exposure using futures contracts. The spot price and the futures price are currently $100 and $90, respectively

The spot price and the futures price in one year turn out to be $112 and $110, respectively. What is the average price paid for the commodity? A. $92 B. $96 C. $102 D. $106

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A ________ allows users to maintain a website with ongoing commentary, images, and links to other online resources in which posts are displayed in reverse chronological order so that the most recent appears on top

A) hashtag B) blog C) wiki D) tumblr

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