Answer:
Maximum profit = $6
Maximum loss = -$2
Explanation:
The computation of maximum profit and loss for this position is shown below:-
Maximum profit = Strike price - Purchase of stock
= $58 - $52
= $6
Maximum loss = Strike price - Purchase of stock
= $50 - $52
= - $2
Therefore for determining the maximum profit and loss for this position we simply applied the above formulas.
When a firm uses price descrimination, people with an inelastic demand curve will pay higher prices for the item relative to those purchasing the product and have an elastic demand curve
Answer:
$4,500,000
Explanation:
current market price per stock $20
total stocks outstanding 500,000
corporation's total value = 500,000 x $20 = $10,000,000
investor's offer to purchase 100% at $14,500,000
controlling interest premium = $14,500,000 - $10,000,000 = $4,500,000
new price per stock = $14,500,000 / 500,000 = $29
The controlling interest premium equals the difference between the current market price of the stock and the purchase offer.
Answer:
Activity Variance for net operating Income = $ 10598 Unfavorable
Explanation:
Activity Variance for net operating Income = $ 10598 Unfavorable
Actual Budgeted
6600 Units 6600 Units
Revenue $194,472 $ 185,460
Direct labor $16,145 $ 16500
Direct materials $67,059 $ 68640
Manufacturing overhead $45,587 $ 45620
Selling and
<u>Administrative expenses $25,363 $ 24980</u>
Total Expenses $ 154154 155740
Net Op. Income $ 40,318 $ 29,720
The activity variance for net operating income = Actual- budget=
= $ 40,318 - $ 29,720
= $ 10598 Unfavorable
Answer:
Note: The complete question is attached below as picture
Indication of how they should be reported are as follow:
1) Budgetary Schedules : FINANCIAL SECTION AS RSI (RSI)
2) Letter of Transmittal : INTRODUCTORY SECTION (I)
3) Legal debt limitations and debt margin : STATISTICAL SECTION (S)
4) A description of government's financial conditions : FINANCIAL SECTION AS MD&A (MDA)
5) Property tax collection and levy information : STATISTICAL SECTION (S)
6) Defined benefit pension plan schedules : FINANCIAL SECTION AS RSI (RSI)
7) Financial highlights of the fiscal year : FINANCIAL SECTION AS MD&A (MDA)
8) Auditors report : FINANCIAL SECTION (F)
9) 10-year data trend : STATISTICAL SECTION (S)
10) Notes to the financial report : FINANCIAL SECTION (F)
