Answer:
Is out of the money
Explanation:
A strike price is a particular price which if activated, derivative contracts can be sold or bought. Derivatives are considered as products in finance where underlying assets are major determinants of their value.
The stock price is considered as the current price that a share of stocks is sold and bought on the market.
Because the strike price is $65 and the stock price (market price) is $60, Disney is out of money and cannot be exercised profitably.
Answer:
D. $45,000
Explanation:
The computation of the contribution margin for the Orlando store is
= Total sales × contribution margin percentage - Gainesville sales × contribution margin percentage
= $250,000 × 32% - $100,000 × 35%
= $80,000 - $35,000
= $45,000
Contribution margin is come from deducting Gainesville contribution margin from the total contribution margin
Answer:
a. 40
Explanation:
The computation of the standard deviation of the demand is shown below:
= 8 × √(5+20)
= 8 × √25
= 8 × 5
= 40
Hence, the standard deviation of the demand is 40
Therefore the first option is correct and the same is to be considered
Answer:
The correct option is A,debit salaries expense $9,900.00 and credit salaries payable $9,900.00
Explanation:
As at 31st December, which was a Wednesday, the company would have incurred salaries for three days i.e Monday-Wednesday.
If each day costs $3,300.00 in salaries ,hence three days would cost $9.900.00(3*$3,300.00) in total.
Since amount of salaries owed is $9,900.00, an entry has to passed in salaries payable account to show that the business has an obligation of $9,900.00 to settle by crediting salaries payable account and the corresponding debit entry would be in salaries expense account in order to recognize costs.