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:
Forecast for the fourth quarter = 1083.75
Explanation:
Forecast for the fourth quarter = (350+295+355) x 0.50 + (450+455+390) x 0.25 + (305+395+340) x 0.25 = 1083.75
Answer:
Because the wealthy estates owners made land too expensive
Explanation:
In recent time, the development of industries in the south toward San Mateo as slowed down due to the fact that the estates owners in the south have made land too expensive for the industrialist to acquired. The tends development to drift toward other part of nation towards Oakland, Pittsburgh and Contra Costa.
Answer:
The answer is: a
Explanation:
In accounting for financial transactions, there are generally accepted standards used in practice. These standards are based on accounting principles that are designed to result in more consistent and comparable financial statements. One of these principles is the matching principle, where revenues recognised are matched with expenses incurred to generate that revenue.
In line with this principle, revenues should be matched with expenses at the time which the transaction, in this case the sale, occurs. An estimate of the amount receivable that is deemed noncollectable at the time of the sale is recognised as a bad debt expense and an adjustment is made in the allowance for doubtful debts account* in the period which the sale occurs.
*this account increases on the credit side and effectively reduces the accounts receivable amount
Answer:
B
Explanation:
If you're going to solve it ur going to need to know how it's going to effectively help don't just do it first think.