Answer:
Receive $2.98 today .If the shares of IBM are above 155 at exportation,obligated to deliver shares at $155(sell). No further action if shares are below $155.
Explanation:
According to the given situation, the call option is sold i.e. there is an obligation to sell
And in case when price is high then the strike price, the buyer of call has right to buy at $155 that represents lesser price due to which there is an obligation to sell the shares at $155 .
Therefore the options would be exercised but it is against with your favor
Answer:
gain = $1,260
Explanation:
given data
face amount = $100,000
Southern Corporation received= $107,720
bond = 12 %
fair value of the bond = $106,460
interest expense = $12,000
solution
we have here separate interest expense that is $12,000,
and here gain from difference in the fair market values of bond
so we get here loss or gain that is that is
loss or gain = Bond price year 1 - bond price year 2 ...................1
put here value
loss or gain = $107,720 - $106,460
gain = $1,260
it is positive so we can say it is gain because bond is a liability and lower price in result of gain
The agriculture in Brazil is focused on sugarcane. Ethanol is also produced by the Brazilian sugarcane industry. The primarily agricultural product of Colombia is coffee. Colombia is the 4th largest producer of coffee in the world. Chile is the large producer of apples, pears and grapes ( fruit industry ). One forth of the Argentina exports are mostly cereals: corn, soybean, wheat and maize.
Answer:
Brazil - sugarcane,
Colombia - coffee,
Chile - fruit industry,
Argentina - cereals.
Answer:
Ex-dividend date is 1st April 2010
The last day to purchase the share and still get the dividend proposed is 31st March 2010
Explanation:
The standard is that ex-dividend is two business days before the record date,giving a record date of April 5,2010 which is a Monday,it implies that the 4th Sunday and 3rd Saturday are not considered in the analysis.
Hence the ex-dividend is Thursday 1st of April 2010,as a result,for any shareholder to be entitled to this dividend he or she must have purchased the share of ABC corporation by 31st March 2010, a day before the ex-dividend date.
Answer: A purchase of supplies for cash is recorded in the cash payments journal.
