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3 years ago

Who pays the tax does depend on who writes the check to the government?

1 answer:

4 0

Who pays the tax does NOT depend on who write the check to the government.
Who pays the check ultimately depend on the elasticity of supply and demand. This is because, suppliers have several ways of passing the taxes levied on them by the government to the consumers in form of increase in price of their products. But this also depend on the elasticity of the products, because if the prices are too high, some customers may decide to buy somewhere else or to go for a substitute.<span />

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You are long 2 contracts of 1-yr call on MSFT with strike (K) of $220, and also long 2 contracts of 1-yr call on MSFT with strik

Dafna1 [17]

Answer:

The correct answer is $320.

Explanation:

According to the scenario, computation of the given data are as follows:

MSFT price at expiry (S_T) = $250

MSFT with strike (K) Contract 1 = $220

MSFT with strike (K) Contract 2 = $120

So, we can calculate the payoff by using following formula:

Payoff = [(Stock price at expiry (ST) - Strike price of $220)] + [(Stock price at expiry (ST) - Strike price of $120)]

BY putting the value, we get

Payoff = ($250 - $220) + ($250 - $120)

= $30 + $130

= $160

As there are 2 contracts, then

Total payoff = $160 × 2

= $320

7 0

2 years ago

Entrepreneurial strategies an entrepreneur should adopt when undertaking entrepreneurial business venture

notsponge [240]

I don’t understand your question

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2 years ago

There is _____ to say that a company's socially responsible actions significantly hurt its long-term economic performance.

Trava [24]

The answer is "little evidence".

4 0

3 years ago

The general journal is used to: a. post all accounting entries not posted in other individual journals. b. post all accounting e

hjlf

Answer: The general journal is used to post all accounting entries.

Explanation:

The general journal is the journal where all company transactions are recorded in. In other words, a general journal is the book of original entry where bookkeepers and accountants record business transactions according to the date the transactions take place.

It is the initial place where transactions are recorded, every page in the journal is divided into columns for dates, debit or credit records, serial numbers etc. Some companies keep specialized journals, such as sales journals or purchase journals, which records only a particular type of transactions. When a transaction has been recorded in the general journal, the amount is then posted to the appropriate accounts.

6 0

3 years ago

Read 2 more answers

Fisher-Price developed a line of toys for infants in China. While they will be the ultimate end user of the product, by definiti

guapka [62]

Answer:

This is true because babies still have no conscience to choose what kind of products they want to buy. In this case, the target would be the parents who want to offer their children quality toys at a price that is consistent with the market. So the technique would be to sell the product for the qualities that are beneficial for the baby and at the same time flashy, so that the parents make the purchase decision.

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3 years ago