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lana [24]
3 years ago
7

You are an RR at a firm and one of your customers calls you up and informs you that she wishes to exercise a long listed option

that she currently holds. To whom would your firm present such an exercise order?
Business
1 answer:
MAVERICK [17]3 years ago
7 0

Answer:

The correct answer is:  The firm would present the order to the Options Clearing Corporation.

Explanation:

The Options Clearing Corporation or OCC works under the Securities and Exchange Commission (<em>SEC</em>) and acts as a guarantor and the issuer of options and futures contracts. The OCC is also in charge of clearing transactions for stock indexes, interest rate composites, and foreign currencies.

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To make low-profit customers more profitable the ABC bike shop-
Anna007 [38]

Answer:

C) allows existing customers to upgrade to a newer model by trading in their older model.

D) though it previously offered free delivery, now charges for deliveries made outside the city.

Explanation:

If ABC company wants to change low profit customers into more profitable customers, they need to:

  1. encourage low profit clients to buy larger quantities by offering promotions (e.g. get a discount if you buy a bike, helmet and other gear all together)
  2. forgo certain services or features to low profit customers, e.g. free delivery only for expensive bikes
  3. increase the price of your product for low profit customers (e.g. charge a delivery cost for cheap bikes)
  4. offer upgrading options to low profit clients

8 0
3 years ago
The present national accounting system does not reflect changes in:
Rama09 [41]
Umm I'd have to say c or d
7 0
3 years ago
The 2017 and 2016 balance sheets of Rabb Corporation follow. The 2017 income statement is also provided. Rabb had no noncash inv
sladkih [1.3K]

Answer:

I looked for the missing information (IS & BS) since the information was missing

Statement of cash flows

Cash flows from operating activities:

Net income                            $183,500

Adjustments to new income

Depreciation $5,900

Gain on sale of equipment ($4,600)

Increase in accounts receivable ($3,200)

Decrease in inventory $6,500

Increase in prepaid insurance ($700)

Decrease in account payable ($2,600)

Decrease in wages payable ($4,400)

Increase in interest payable $2,100

Increase in taxes payable $5,400

Decrease in accrued expenses payable ($4,000)

Total cash flow provided by operating activities $183,900

Cash flow from investing activities:

Cash provided by sale of equipment $15,100

Cash paid for investments ($117,000)

Cash paid for P, P & E ($27,500)

Total cash flow from investing activities ($129,400)

Cash flow from financing activities:

Cash paid for long term debt ($34,000)

Dividends paid ($22,300)

Common stocks issued $31,000

Total cash flow from financing activities ($25,300)

Net increase in cash $29,200

Beginning cash balance $20,500

Ending cash balance $49,700

5 0
2 years ago
A savings account is useful for all of the following purposes EXCEPT…
Dimas [21]

Answer:

The correct answer is letter "A": Putting aside money for retirement.

Explanation:

Savings accounts are those where individuals' can deposit money to profit from the annual interest banks and financial institutions provide. Retirement accounts, on the other hand, are those funded with money discounted from employees' paychecks and do not allow withdrawals unless there is a major qualifying event -<em>if the type of retirement account allows it</em>.

8 0
3 years ago
Read 2 more answers
Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 413,000 Cost of goods sold (all
VMariaS [17]

Answer:

Option (d) is correct.

Explanation:

Given that,

Sales = $ 413,000

Cost of goods sold (all variable) = $ 169,100

Total variable selling expense = $ 20,700

Total fixed selling expense = $ 17,900

Total variable administrative expense = $ 13,100

Total fixed administrative expense = $ 30,400

Gross margin:

= Sales - Cost of goods sold

= $ 413,000 - $ 169,100

= $243,900

8 0
3 years ago
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