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Papessa [141]
3 years ago
7

A customer has purchased 200 shares of ABC at $51 per shaer. The stock is now worth $54 and the customer buys 2 ABC Aug 55 Puts

@ $5. The puts are exercised when the market is at $52. The customer's gain or loss is:
Business
1 answer:
trapecia [35]3 years ago
5 0

Answer:

$200 loss

Explanation:

The customer's paid in total $51 (market price) + $5 per share (put options) = $56 per share. If the investor exercises the put options, he/she will have a net loss of $55 (put option price) - $56 (cost) = -$1 per share. Since the investor had 200 shares, his/her total loss would equal -$1 x 200 = -$200

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Sedaia [141]

Answer:

Acme's current balance of accounts payable is $6000

Explanation:

The closing balance of accounts payable can be calculated using the opening balance and adjusting the changes during the period to the opening balance.

The closing balance can thus be calculated as:

Closing balance = Opening balance + Credit purchases - Payment to Accounts payable

Closing balance = 3000 + 4000 - 1000

Closing balance = $6000

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Collective bargaining involves employees working together in an organization coming together to agree about some important matters.

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1 year ago
Which factors may influence a company's choice of inventory cost flow assumption?
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<h3>What Is Cost Flow?</h3>

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7 0
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Natalija [7]

Answer:

False

Explanation:

It should be detailed, clear and straight to the point. It doesn't have to be anything complicated.

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2 years ago
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The minor's parents or guardians are responsible for the financial consequences of a minor's driving, whether the minor has a license or not. It is a law under a legal concept called "vicarious liability" imposed in most states in the U.S


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