3. Review   and discuss the collapse of the Futures Oil Market, which   fell into the negative realm in May 2020.

What were the main reasons for this fall into the negative realm? Critically discuss  

After May 2020, what are the prospects of futures contracts as a significant risk management tool for firms? Discuss critically.

Please state references and use APA Citation latest version

In 2020, Avalanche Corporation has $70,000 of net income from operations during the current year. In addition, Avalanche received $180,000 of dividend income from a corporation in which Avalanche has a 10% ownership interest. What is Avalanche’s dividends received deduction for 2020?

Question 6 options:

An ESOP under which employees may purchase shares of the company for $ 20 per share was established . The option premium is $ .50 per share and 20,000 shares were set aside for the plan. On January 1, 2020, 12,000 options are purchased by employees. On December 1, 2020, all 12,000 options are exercised. Required Prepare the journal entries to record the above events

GDP from each year:

a) Calculate Economic Growth from 2018 to 2023. When is the highest growth?

b) Calculate the Constant GDP of 2018, 2019, 2021, 2022, 2023 based on 2020 price.

2. Capital Company issued $600,000, 10%, 20-year bonds on January 1, 2020, at 103. Interest is payable semiannually on July 1 and January 1. The effective interest rate is 8%. Capital uses the straight-line method of amortization and has a calendar year end. Instructions: Prepare all journal entries made in 2020 related to the bond issue.

A rich aunt has promised you $3,000 one year from today. In​ addition, each year after​ that, she has promised you a payment​ (on the anniversary of the last​ payment) that is 2% larger than the last payment. She will continue to show this generosity for 2020 years, giving a total of 2020 payments. If the interest rate is 4%​, what is her promise worth​ today?

however Henry is building a fireplace in his home, the fireplace will require 2500 bricks.

a) if the cost of chimney brick in 2017 $2.10. calculate the material cost of Henry's project in 2020 . the chimney brick index (CBI) was 442 in 2017 and is expected to be 651 in 2020

b) estimate the material cost of similar fireplace to be built in the year 2023
what assumption did you make?

Mamas & Papas, Inc. issues 7%, 10-year bonds with a face amount of $80,000 for $74,564 on January 1, 2020. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31.

1. Record the bond issue in the journal.

2. Record in the journal the first interest payment on June 30, 2020.

On January 1, 2020 Beaver Inc. determines that it wants to purchase 2,000 tons of wheat in January 2021. Thus, Beaver Inc. enters into a futures contract that gives Beaver Inc. the right and obligation to purchase 2,000 tons of wheat for $75 per ton. The contract is classified as a cash flow hedge and expires in January 2021.

Required:

1. On January 1, 2020 the market price for a ton of wheat is $75. What journal entry does Beaver Inc. record associated with this hedge on this date?

2. On June 30, 2020 the market price for a ton of wheat is $90. What journal entry does Beaver Inc. record associated with this hedge on this date?

3. On December 31, 2020 the market price for a ton of wheat is $70. What journal entry does Beaver Inc. record associated with this hedge on this date?

4. On January 1, 2021 Beaver Inc. purchases 2,000 tons of wheat at the market price of $70 and settles the hedge. What journal entries does Beaver Inc. record associated with its purchased of wheat and its hedge on this date?

Laura Leasing Company signs an agreement on January 1, 2020, to lease equipment to Windsor Company. The following information relates to this agreement. 1. The term of the non-cancelable lease is 3 years with no renewal option. The equipment has an estimated economic life of 5 years. 2. The fair value of the asset at January 1, 2020, is $66,000. 3. The asset will revert to the lessor at the end of the lease term, at which time the asset is expected to have a residual value of $5,000, none of which is guaranteed. 4. The agreement requires equal annual rental payments of $21,328 to the lessor, beginning on January 1, 2020. 5. The lessee’s incremental borrowing rate is 5%. The lessor’s implicit rate is 4% and is unknown to the lessee. 6. Windsor uses the straight-line depreciation method for all equipment.

Prepare an amortization schedule that would be suitable for the lessee for the lease term

Prepare all of the journal entries for the lessee for 2020 and 2021 to record the lease agreement, the lease payments, and all expenses related to this lease. Assume the lessee’s annual accounting period ends on December 31