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3 years ago

What is the option to sell shares of stock at a specified time in the future called?

Business

2 answers:

devlian [24]3 years ago

8 0

The term option denotes contract that gives investors the choice to buy or sell stock and other financial assets.
The option to sell shares of stock at a specified time in the future called is called call option. This call option is an agreement that gives an investor the right, but not the obligation, to buy a stock, bond at a specified price within a specific time period.

soldi70 [24.7K]3 years ago

4 0

The option to sell shares of stock at a specified time in the future is called a put option.

ANSWER: A Put Option

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At the beginning of the month, supplies were $ 6 comma 000. During the month, $ 7 comma 000 of supplies were purchased. At mo

Lena [83]

Answer:

Adjusting Entry

Cost of goods sold (Dr.) $11,000

Beginning Inventory (Cr.) $6,000

Purchases (Cr.) $5,000

Closing Entry

Ending Inventory (Dr.) $2,000

Income Summary (Cr.) $2,000

Explanation:

The adjusting entry is made by debiting cost of goods sold account which reflects the amount of inventory sold during the month and the entry is credited by beginning inventory of $6,000 and the remaining amount which is $5,000 is credited in purchases account.

The closing entry is made by debiting the ending inventory by the amount of $2,000 and Income Summary account is credited by the same amount to close the inventory account.

6 0

2 years ago

In its income statement for the year ended December 31, 2019, Sheridan Company reported the following condensed data. Operating

olga55 [171]

Answer&Explanation:

Net Income Statment for the Year Ended December 31,2019

Net sales 2,416,300

Cost of goods sold (1,334,200)

Gross Profit 1,082,100 Sales - COGS

Operating expenses (759,720)

Operating Income 292,380 Gross Profit - Operating Expenses

Interest revenue 29,970

Interest expense (71,270)

Loss on disposal of plant assets (15,910)

Other Income (57210)

Net income 235,170 Operating Income + Other income

Other comprehensive income 6,920.

Comprehensive Income 242,090 Net Income - OCI

6 0

3 years ago

During which time period was the annual rate of increase of the speed the greatest? a) from year 1 to year 2 b) from year 1 to y

muminat

The annual rate will increase with the greatest speed from year 1 to year 3.

<h3>What is the growth rate?</h3>

A growth rate is the proportion that changes the price of all goods and services produced in a country over a specific time period in comparison to a previous period.

The growth rate is used to measure the comparative fitness of an economic system over time. The numbers are commonly compiled and announced quarterly and annually.

From 1948 to 2021, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with an all-time high of 13.4 percent in the fourth sector of 1950.

From the above declaration, it's clear that choice C, year 1 to year 3, is the proper option.

Learn more about Growth rate, refer to:

brainly.com/question/13776641

4 0

1 year ago

Write the journal entries for the following transaction of Amy's publishing company in September 2020:

Gnesinka [82]

Answer:

Date Account Details Debit Credit

Sept. 30, 2020 Accounts Receivable $5,000

Sales $5,000

Date Account Details Debit Credit

Sept. 30, 2020 Cost of Goods Sold $2,000

Inventory $2,000

7 0

2 years ago

Crane Company purchased a new machine on October 1, 2017, at a cost of $89,920. The company estimated that the machine has a sal

Nadya [2.5K]

Answer:

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

Explanation:

The depreciation expense of machine for the whole year shall be calculated as follows:

Depreciation expense=[(89,920-9,440)/8]=$10,060

Since the machine is only used for 3 months in the year ended December 31, 2017, therefore the depreciation expense in 2017 will be calculated as follows

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

5 0

2 years ago