Answer:
Explanation:
Put Delta = call delta - 1 = 0.582 - 1 = -0.418
No of Options = (-11.2 million / (-0.418 × 1402)) × 1.32 = 25,227 options
No of Contracts = 25,227 / 100 = 252 contracts
Answer:
The answer is Option D.
Explanation:
The answer is Option D.
The direct costs (materials and labor) will change if the production level varies. They are defined as the costs that are strictily related with the production of the product or service.
The fixed manufacturing overhead will vary independently of the variations of the production level. This is an example of indirect cost.
Answer:
5,110,000 and 5,170,000.
Explanation:
earnings per share EPS = (net income - preferred dividends) / weighted average of outstanding shares
- 4,800,000 at the beginning of the year
- 200,000 issued April 1 = 200,000 x 9/12 = 150,000
- 480,000 issued September 1 = 480,000 x 4/12 = 160,000
weighted average outstanding shares = 4,800,000 + 150,00 + 160,000 = 5,110,000
diluted shares = ($6,000,000 / $1,000) x 40 x 3/12 = 60,000
diluted EPS = (net income - preferred dividends) / (weighted average of outstanding shares + diluted shares)
weighted average of outstanding shares + diluted shares = 5,110,000 + 60,000 = 5,170,000 shares
Answer:
true
What does MARKET CLEARING mean? ... In economics, market clearing is the process by which, in an economic market, the supply of whatever is traded is equated to the demand, so that there is no leftover supply or demand
there for the answer is true
