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mariarad [96]
3 years ago
11

ABC stock is currently trading at an all-time high price of $150 per share. Your client contacts you about the stock, stating th

at he believes that the stock is ripe for a sell off after its next quarterly news announcement. He has $10,000 to use for a trade, but does not want to lose more than this amount. The BEST recommendation to the client is to:
Business
1 answer:
UkoKoshka [18]3 years ago
7 0

Answer:

Buy ABC Puts

Explanation:

Based on the information provided within the question it can be said that the best recommendation to the client is to Buy ABC Puts. This is mainly due to the fact that the client specifically stated that he does not want to lose more than this investment. Therefore Puts are the best option since they are purchased as a speculation on a market price decline, and the customer can only lose the premium paid if the market does the opposite and ends up rising. While other options like shorting or selling can lead to unlimited loss potential.

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Neporo4naja [7]

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Trial balance ledger book

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4 0
3 years ago
The news headline ​"american airlines pilot talks fail to produce dealsamerican airlines pilot talks fail to produce deals​" dea
Arisa [49]
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8 0
4 years ago
Do you agree that diversity is just good business in the United States today? Explain.
Angelina_Jolie [31]

Answer:

Yes, it is very much important to understand diversity for any kind of business all over the world particularly in the United States today, because it is very much true that we all are not the same in many ways. But managers, many times forget, bypass or surpass this fact. Managers should take individual differences into account, they definitely are required to consider them to get the most and maximum from their workforce. There are many reasons which should be kept in mind while understanding the  diversity. Managing diversity definitely needs a certain atmosphere where people from different cultures, social background, and different in many others aspects like age, education, gender and race etc. can work together effectively with full coordination and cooperation. It enables people to attain their full potential at the workplace. It eliminates and removes all kind of discrimination among workers, moreover, it helps organisation to achieve their aims and goals.   Managers need to manage diversity effectively if they want an increased access to the widest range of abilities, skills and ideas in the today's world. They should also know that the differences among workforce can surely and definitely lead towards misunderstanding, miscommunication and conflict.

4 0
3 years ago
Shannon Corp. uses the aging method to account for bad debt expense. Shannon determines that a customer account of $10,000 shoul
lozanna [386]

Answer:

The write off of the account should include a debit to the allowance for uncollectible accounts, and a credit for bad debt expense:

Account                                             Debit              Credit

Bad Debt Expense                                                  $10,000

Allowance for Uncollectible

Accounts                                          $10,000

This is because under the aging method, when an account is actually written-off, it must be charged against the bad debt expense that was forecasted or anticipated earlier.

6 0
3 years ago
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