Despite zero population growth, why is the population of the United States growing?

You establish a straddle on Fincorp using September call and put options with a strike price of $80. The call premium is $7.00 a

Nina [5.8K]

Answer: $15.50

Explanation:

From the question, we are informed that someone establish a straddle on Fincorp using September call and put options with a strike price of $80 and that the call premium is $7.00 and the put premium is $8.50.

The most that can be lose on this position will be the addition of the call premium and the put premium. This will be:

= $7.00 + $8.50

= $15.50

6 0

3 years ago

Net operating income computed under variable costing would exceed net operating income computed using absorption costing if: Mul

klasskru [66]

Answer:

Units sold exceeds units produced

Explanation:

The net operating income under variable costing system is always higher than absorption costing system when units sold exceeds units produced. As variable cost doesn't include fixed manufacturing overhead unlike absorption costing, when the net operating income under it now exceed that of absorption, it's definitely am increase in sales that's responsible for that.

8 0

3 years ago

Graham, Inc.'s April bank statement shows an April 30 balance of $5,120. Prior to reconciliation, its books show a cash balance

Mars2501 [29]

Answer:

$5,570

Explanation:

The purpose of a bank reconciliation statement is to reconcile the difference between Cash Book balance and Bank Statement balance. Also it is used to check accuracy of Cash Book and the accuracy of Bank Statement.

Graham, Inc.'s April bank reconciliation statement is prepared as :

Graham, Inc.

Bank reconciliation statement as at April 30

Balance as per Bank Statement $5,120

Add outstanding lodgments $800

Add back error at the bank $115

Less unpresented checks ($465)

Balance as per Cash Book $5,570

therefore,

The reconciled cash balance at April 30 on the bank reconciliation should be $5,570.

4 0

3 years ago

Would walmart be able to offer such low prices if they were a different type organization?

zheka24 [161]

No, Walmart won't be able to offer such low prices if they were a different type organization

Walmart might soon follow in the footsteps of Borders booksellers, Sam Goody's record stores, and other once-dominant retailers whose market share shrank and finally collapsed as online sales got steadily larger if it didn't keep its pricing low enough to compete with e-commerce behemoths like Amazon.

Walmart has kept operating costs down since its inception in the early 1960s by heeding the advice of its late founder and namesake Sam Walton. Even after becoming a multi-millionaire, Walton is infamous for still using an old pickup vehicle for transportation. by using low-cost travel choices for executives and by maintaining a simple in-store design.

To learn more about Walmart refer to:

brainly.com/question/16607243

#SPJ4

5 0

2 years ago

Hart Attorney at Law experienced the follwoing transactions in 2016, the first year of operations:

sertanlavr [38]

Answer:

Assets = Liabilities + Stockholders’ Equity = $51,800

Explanation:

Note: See the attached excel file for the the effects of the events on the financial statements.

In the attached excel the following calculations are made:

Event 7: Office supplies = Office supplies used or expense = Office supplies purchased - Office supplies remained on hand = $2,800 - $200 = $2,600

Event 8 = Revenue recognised = (Amount accepted on April 1 / Number of months in year) * Number of months from April 1 to Decembe 31 = ($36,000 / 12) * 9 = $27,000

From the attached excel file, the following can be obtained:

Assets = Total assets = $51,600 + $200 = $51,800

Liabilities = Total liabilities = $400 + $9,000 = $9,400

Stockholders’ Equity = Total Stockholders’ Equity = $42,400

Liabilities + Stockholders’ Equity = $9,400 + $42,400 = $51,800

Therefore, the accounting equation holds as follows:

Assets = Liabilities + Stockholders’ Equity = $51,800

Download xlsx

8 0

3 years ago