The answer is True. Hope this helps
Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.
<h3>What is a business?</h3>
A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.
Business meets a need and gets profit in return.
Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
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Answer:
The value of the put option is;
e. $9.00
Explanation:
To determine the value of the put option can be expressed as;
C(t)-P(t)=S(t)-K.e^(-rt)
where;
C(t)=value of the call at time t
P(t)=value of the put at time t
S(t)=current price of the stock
K=strike price
r=annual risk free rate
t=duration of call option
In our case;
C(t)=$7.2
P(t)=unknown
S(t)=$50
K=$55
r=6%=6/100=0.06
t=1 year
replacing;
7.2-P=50-55×e^(-0.06×1)
7.2-P=50-(55×0.942)
7.2-P=50-51.797
P=51.797+7.2-50
P=$8.997 rounded off to 2 decimal places=$9.00
Answer:
a. 50%
Explanation:
Model P-4 requires 30 minutes of machine time.
A machine hour consists of 60 minutes
Calculating the machine time of Model P-4 in terms of percent of machine hour:
= (Model P-4 Machine time/Machine Hour)*100
= (30/60)*100
= 0.5 * 100
=50%
So, the percent of Model P-4 machine time in terms of a machine hour is 50%.
Answer:
If the national chain suffers, so does the franchisee
Explanation:
Franchises share common problems struggle for one can lead to struggle for all.
