Answer:
$500 loss
Explanation:
Since you purchased a call contract for IBM stock, you had the option to buy IBM stock at a specified price ($125) within a specified time (?). The problem is that the price of your call contract was higher than the market price at that specific date. Obviously you will not exercise your option in order to limit your losses.
long call profit = Max [0, (current stock price - strike price) x number of shares] - premium paid)
where:
- current stock price = $123
- strike price = $125
- number of shares = 100
- premium paid = $5 x 100 = $500
long call profit = Max [0, ($123 - $125)(100)] - $500 = -$500
The <u>main idea</u> of a business message summarizes what you want your audience members to do or think and why they should do so.
The primary purposes for sending commercial enterprise messages are commonly to tell and to persuade and visible cues, in addition, to permit the sender to tailor the message to the target market.
A message (verbal or nonverbal, or both) is the content material of the communication technique. The originator of the message in the communique procedure is the sender. The sender conveys the message to a receiver.
Knowing your target audience lets you make selections approximately what records you need to include, how you need to set up those records, and what sort of assisting details might be important for the reader to recognize what you're providing. It additionally influences the tone and structure of the record.
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Answer:
$24,431
Explanation:
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
If the company failed to record a depreciation expense of $3,686 on equipment, the retained earnings would have been overstated as a result of the overstatement of the net income.
the movement in the retained earnings may be expressed as
opening balance + net income - omitted expense - dividend declared = closing balance
hence the closing balance
= $18,180 - $3,686 +$14,406 - $4,469
= $24,431
Faith Ringgold was an <span>African-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up in New York.
</span>Faith Ringgold is an artist and she was best known for her narrative quilts, Tar beach is one of her most famous story quilts. She <span>was born in New York City in 1930. and when she was working in public schools as an art teacher she began a series of paintings which was called as </span><span>American People.</span><span />
The value of the investment could be unpredictable when the investment is volatile. To add up, the fluctuation patterns of the value could be a lot different than it should be. It can be observed in a graph that the curve just suddenly rises and falls covering only a smaller amount of time.