The answer is A. ^^ hope that helps!
Answer:
$100
Explanation:
A put option gives you the right to sell a stock at a specific strike price. In this case, the strike price is $45 per share and the market price of each share is $41.40.
The profit made with this investment = [($45 - $41.40) - $2.60] x 100* = $ x 100 = $100.
*Each option consists of 100 shares.
Answer:
The flexible-budget variance for materials is $5,000 favorable.
Explanation:
In order to calculate the The flexible-budget variance for materials we have to use the following formula:
Flexible budget variance for materials = Budgeted material cost for actual production - Actual material cost
= (2,500*$97) - (2,500*$95)
= $242,500-$237,500
= $5,000
Hence, The flexible-budget variance for materials is $5,000 favorable.
The r<span>ule of evidence would an attorney break if he or she were to ask a witness what rumors were being spread about the defendant is hearsay. Hearsay is the report from another person's words by the witness, usually disallowed in a court of law. </span>
Answer:
13.5%
Explanation:
market rate of return can be calculated with below expresion
Current Price = D / (K - g)
Where
Current Price = $22 a share
D= Dividend in coming Year
dividend = $2.42
K= rate of return
g =growth rate
22 = 2.42 / (K - 0.025)
Cross multiply we have
22(K - 0.025)= 2.42
Open the bracket we have
22k- 0.55=2.42
2.42 + 0.55= 22k
K = 2.97 / 22
= 0.135
= 0.135×100%
= 13.5%
Therefore, the market rate of return if this stock is currently selling for $22 a share is 13.5
