Answer:
Call option worth = 6
Net profit = 3.7
Explanation:
Call option worth and net profit can be calculated as follows
DATA
Strike price = 65
Premium = 2.30
Selling price = 71
Call option worth =?
Net profit =?
Requirement A: Call option worth
Solution
Call option worth = Selling price - strike price
Call option worth = 71 - 65
Caall option worth = 6
Requirement B Net profit
Solution
Net profit = Selling price - (Strike price + Premium)
Net profit = 71 - (65 + 2.3)
Net profit = 71 -67.3
Net profit = 3.7
Answer and Explanation:
The computation of the gain recognized and the tax that should be paid is shown below
Sale of share(10 × 8 × $22) $1,760
Less: basis (10 × 8 ×$15) $1,200
The gain realized $560
Now the tax would be
= $560 × 15% preferential rate
= $84
Answer:
The answer is: At least 80%
Explanation:
If corporations want to file consolidated tax returns they must be part of an affiliated group. They will be part of the same affiliated group if at least 80% of the voting power and stock value of each is owned by a mutual "parent corporation" and by each other corporation of the affiliated group.
In this case, Dana Corp. must own 80% the stocks and voting power of Seco Corp.
Answer: You should wait until the road is straight and completely clear of cars, obstructions, animals, etc before passing.
Hope this helps! :)
Explanation: