Diwali Airlines has a contract that gives them the opportunity to purchase up to 10,000,.000 jet fuel at $2.00 per gallon. The current market price of jet fuel is $226 per gallon. Diwali believes gallons of they will only need 6,000,000 gallons of jet fuel. What is the value of this opportunity?21) A) $9,040,000 B) $2,600,000 C) $1.040.000 D) $1.560.000
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Diwali Airlines has a contract that gives them the opportunity to purchase up to 10,000,.000 jet fuel at $2.00 per gallon. The current ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Singh's marketing company has created an enticing ad that receives many clicks. What effect will the ad likely have on the Google Ads auction?
Answers (1)
A business document that is sent to staff members but never sent to individuals outside of a company is known as a a. report. b. memo. c. journal entry. d. business letter.
Answers (1)
During the year Sea Corporation reported gross income operations of $100,000 and operating expenses of $150,000. Sea Corporation also received dividend income of $90,000 from a domestic corporation in which Sea is a 20% shareholder.
Answers (1)
When a company assigns goodwill to a reporting unit acquired in a business combination, it must record an impairment loss if: a. The fair value of the net identifiable assets held by a reporting unit decreases. b.
Answers (1)
Following an ethics-based approach to decision making will normally lead to: a higher profits b lower employee turnover c lower prices d more competition
Answers (1)
New Questions in Business
An increase in the reserve requirement increases reserves and decreases the money supply. a. true b. false
Answers (1)
Tom oversees the logistics department for a holiday resort in Virginia. He has created a plan to bring in customers directly from Asian countries. He wants to sell holiday packages to these customers.
Answers (2)
This type of financing includes charitable donations, either cash or in-kind, made to an organization and is the primary source or operating and investing income for major collegiate sports programs.
Answers (1)
What is the term for selling related products?
Answers (1)
Both the straight-line method and the effective-interest method of amortization will always result in: a. the same amount of interest expense being recognized each year. b.
Answers (1)