You purchased one oil future contract at $70 per barrel. What would be your profit (loss) at maturity if the oil spot price at that time is $73.12 per barrel? Assume the contract size is 1,000 barrels and there are no transactions costs.

A) $3.12 profit
B) $31.20 profit
C) $3.12 loss
D) $31.20 loss
E) None of the options are correct.

The executives of Dunes Inc. pay equal attention toward maximizing profits of the firm, maintaining the well-being of its employees, satisfying its customers, and preserving the environment. This indicates that Dunes Inc. uses the triple bottom line approach.

Larger firms tend to be more centralized and make greater use of direct supervision than do smaller firms.

Emotional Empathy is the ability to know how others are viewing things.

All things being equal,goal-sharing programs are thought to be less motivational than gain-sharing programs.