If the “asset” price is $3.50 and the “strike” price is $3.75, how much of the premium cost is its “intrinsic” value?

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:

Troyanec [42]

Answer:

$4,469

Explanation:

Calculation for what The adjusted cash balance per the books on January 31 is

Using this formula

Adjusted cash balance = cash balance per books -bank service charges - EFT automatically deducted - NSF Check

Let plug in the formula

Adjusted cash balance= $5325 - $31 -$500 -$325

Adjusted cash balance= $4,469

Therefore The adjusted cash balance per the books on January 31 is $4,469

5 0

3 years ago

Job specifications can be defined as: a. planned sequences of jobs through which employees may advance within an organization. b

Alona [7]

Answer:

Option d would be the correct approach.

Explanation:

The organized database of the important tasks required in carrying out a task that has been extrapolated from such a job description and used in job classification and assessment and personnel policies as well as positioning.
This usually includes tasks, intent, obligations, nature including employment conditions of a position including the description of the position, as well as the identity or description of the individual the input data to.

Many examples do not apply to the subject being discussed. So option d is indeed the right one.

4 0

4 years ago

What is one reason European governments protect the growing of food with subsides even though imported food would be cheaper

choli [55]

to have food in case imports are cut off. ... What is one reason European government protect the growing of food with subsides even though food would be cheaper? ... What to do if your finches build a nest in the food dish even though they already made one ... What are some reasons that healthy food should be cheaper? -A

5 0

3 years ago

Read 2 more answers

olive corp direct materials $12 An outside supplier has offered to provide Olive Corp. with the 20,000 subcomponents at a $36 pe

qwelly [4]

Answer:

$32

Explanation:

The incremental cost:

Direct materials +Direct labor +Variable manufacturing overhead

$12 + $8 + $12 = $32

The maximum price Olive Corp. should pay the outside supplier is $32.

Fixed manufacturing overhead was not included because it is not relevant to the decision.

8 0

3 years ago

Lincoln Park Co. has a bond outstanding with a coupon rate of 5.96 percent and semiannual payments. The yield to maturity is 5.3

Gnom [1K]

Answer:

Market price of bond = $2,166.30

Explanation:

Step 1

Calculate the interest payment per 6 months and number of periods

Interest rate per 6 months = (5.96% × 2000)/2 = 59.6

Number of periods = 19 × 2 = 38 periods

Step 2

Calculate the Present Value (PV) of the interest payment

Yield per six month = 5.3%/2 = 2.65%

PV = A × (1+r)^(-n)

= 59.6× ( (1.0265)^(-38)/0.0265 )

= 59.6 ×23.7685

= $1,416.60

Step 3

Calculate the PV of the Redemption Value (RV)

PV = RV × (1+r)^(-n)

= 2000 × (1.053)^(-19)

= 749.705925

Market price of Bond =1,416.60 + 749.70

= $2,166.30

Market price of bond = $2,166.30

3 0

4 years ago