Answer:
A $300
Explanation:
$90-$82= $8
$8-$5= $3
Therefore:
$3×100 shares =$300
The holder has bought the right to buy the stock at $90 per share because She bought this right for a premium of $5 per share. By exercising the call, the holder buys the stock at $90 and in which he /she sells the stock in the market at $82, for a 8 point loss. Since $5 points was paid in premiums, the net loss is 3 points or $300 on the contract covering 100 shares.
<span>Lower price increases the real incomes of buyers, enabling them to purchase more.</span>
Answer:
Option D. $10,000 is the correct answer.
Explanation:
Journal Entry for pension expenses:
Pension Expense $10,000
Cash $10,000
(To record pension expenses)
Pension expenses for the year ended is comprised of the following components of pension cost.
Service Cost $14,000
Interest cost $6,000
Expected return on plan assets $10,000
__________
Pension expenses $10,000
<span>a. not counted as part of the labor force</span>
Answer:
March 15 Debit Credit
Dividends $22,470,000
Dividends Payable $22,470,000
March 30 No entry
April 13
Dividends Payable $22,470,000
Cash $22,470,000
Explanation:
In order to record American Eagle's declaration and payment of cash dividends for its 214 million shares first we would require to calculate the dividends as follows:
Dividends=214,000,000 shares*$0.105
Dividends=$22,470,000
Therefore, the journal entries would be the following:
March 15 Debit Credit
Dividends $22,470,000
Dividends Payable $22,470,000
March 30 No entry
April 13
Dividends Payable $22,470,000
Cash $22,470,000