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2 years ago

The settlement date between the options clearing coporation and the clearing firm for otpions transactions is?

1 answer:

8 0

The settlement date between the Options Clearing Corporation and a clearing member is one business from the trade date for options transactions.

What do you mean of trade?

Trade means to the exchange of goods or services between economic sectors. Though transactions are consensual, trade is generally recognize to profit both parties. In finance, trading generally means to the purchase and sale of securities or other assets.

How trade is important?

Trade is central to ending global poverty. Countries that are open to international trade tend to grow better, innovate, enhance productivity and provide higher income and more opportunities to their people. Open trade also provide lower-income households by providing consumers more affordable goods and services.

Learn more about trade:

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John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most

MrMuchimi

The most cost effective way for John to buy a house in the suburbs is:

a.Move to the suburbs and rent a house for one year before purchasing a home.

This is to test the waters. During this time, he has to acclimatize himself into living in a new environment. He has to discover the pros and cons of living in the suburbs compared to living in the city like travel time in going to work, etc.

If after a year, he finds its more beneficial to live in the suburbs, then he can buy a house there. On the other hand, if he finds it costly to live in the suburbs compared to living in the city, he simply has to pay the necessary rent and utility bills, pack up his bags, and go home.

6 0

3 years ago

Read 2 more answers

Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be $125,000 in year 1 and incre

Inessa05 [86]

Answer:

The equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually is $127,432

Explanation:

In order to calculate the equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually we would have to calculate the following formula:

equivalent uniform annual worth of the maintenance costs= P(i(1+i)∧n/(1+i)∧n-1

The rate of interest i would be as follows:

rate of interest i=(1+10%/2)-1

rate of interest i=0.1025*100

rate of interest i=10.25%

The present value P would be calculated as follows:

present value P=$125,000(1-(1+1/100)∧5 (1+10.25/100)∧-5/(10.25/100-1/100)

present value P=$125,000*3.84

present value P=$480,000

Therefore,

equivalent uniform annual worth of the maintenance costs=$480,000*(10.25/100 (1+10.25/100)∧5/(1+10.25/100)∧5-1)

equivalent uniform annual worth of the maintenance costs=$480,000*0.2654

equivalent uniform annual worth of the maintenance costs=$127,432

The equivalent uniform annual worth of the maintenance costs at an interest rate of 10% per year, compounded semiannually is $127,432

5 0

3 years ago

Layla made a snide remark to her colleague that he "looks at the customer like henry ford probably did." what did she mean by su

Anarel [89]

She made a snide remark means she's looking to her colleague in a negative or insulting way. If her action is can be compared with how he looks at the customer like henry ford probably did.

Henry Ford is a well-known businessman. What Layla tried to show is that she collogue should treat well their customer because of the source of their money or company's income.

8 0

3 years ago

In the case of an unanticipated inflation: A) creditors with an unindexed contract are hurt because they get less than they expe

podryga [215]

Answer:

A is the correct option.

Explanation:

The increase in the general price is known as inflation. This inflation occurs when people know that Inflation is going to occur and they start preparing for it. e.g In case of increased interest rates if the inflation is anticipated, the banks try to protect themselves by increasing the interest rates. There is also unanticipated inflation which occurs when people are unaware that inflation until the price level increases. In the case of unanticipated inflation, people are unprotected.

4 0

3 years ago

At the beginning of the year, accounts receivable were $45,000 and the allowance for bad debts was $4,200. During the year, sale

Arisa [49]

Answer:

Ending balance in accounts receivable = $57,400.00

Explanation:

given data

accounts receivable = $45,000

bad debts = $4,200

sales = $180,000

to find out

balance at the end of the year for the Allowance for Bad Debts

solution

we know here at Beginning accounts receivable balance is = $45,000.00

and Accounts written off = $2,600.00

so Subtotal is $45000 - $2600 = $42,400

and

so Ending balance in accounts receivable is

Ending balance in accounts receivable = subtotal + Credit Sales - Collection from receivable

put here value

Ending balance in accounts receivable = $42,400 + $180,000 - $165,000

Ending balance in accounts receivable = $57,400.00

4 0

3 years ago