Please attached spreadsheet to answer the questions. There's 3 questions and only the answers are needed.

1. Your company is involved in the purchasing and processing of corn from farms in the MidWestern portion of the U.S. to produce ethanol used in fuel for vehicles. Your company treasurer wants to make use of options in the purchasing of the corn used in this process. Could you use options in this manner? Could the use of options in this manner result in possible losses? 2. In your continuing effort to understand the types of options you have been studying material in Chapter 20 of our textbook. One issue that has come to light is the two kinds of options, ie. American options and European options. What have you learned about these two items that will be useful in your understanding of options? Chapter 26 1. During recent periods of your company purchase of corn from farmers and the processing of that product into ethanol the demand for your finished product has decreased. This has resulted in increasing inventory of corn and slower collection on your receivables. Describe the calculations you might use to track the impact of these trends upon your company's working capital. What changes in your company operations could you make to improve the working capital