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aniked [119]
3 years ago
6

You purchase one MMM July 129 call contract (equaling 100 shares) for a premium of $21. You hold the option until the expiration

date, when MMM stock sells for $141 per share. You will realize a ______ on the investment.
Business
1 answer:
mel-nik [20]3 years ago
7 0

Answer:

There is loss of $900 on investment.

Explanation:

The purchase of 1 MMM July 129 call contract at premium  = $21

Since it is given that it is held unit the expiration date.

The selling price of MMM stock = $141 per share.

Total number of shares = 100

Total amount paid for share (purchase price) = 129 + 21 = $150

Loss or profit = Market price on expiration date- purchase price

              =141-150

              = - 9

Total loss =  9 × 100

           =900 loss

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Tatum Manufacturing recently opened a new facility in Hong Kong. The firm can most likely expect the Hong Kong government to ___
pickupchik [31]

The expectation of the Tatum Manufacturing firm from the Hong Kong government is to <u>ensure fair competition </u>with its competitors.

<h3>What is a manufacturing firm?</h3>

A manufacturing firm is a firm that engages in massive scale production of goods and commodities that uses physical labor and/or machinery to turn raw materials and parts, into finished goods or completed items.

The finished goods could be sold:

  • To other manufacturers for the fabrication of more sophisticated products,
  • To wholesalers that redistribute the goods to retail traders, or
  • To final consumers directly.

The role of the Hong Kong government to Tatum Manufacturing Firm in as much they comply with the government regulations and taxes is for the government to ensure that there is fair competition for Tatum Firm with its competitors.

Learn more about a manufacturing firm here:

brainly.com/question/24519299

4 0
2 years ago
Check out this cube: The figure presents a cube. The length of one edge is labeled as 4 units The figure presents a cube. The le
Olenka [21]

Answer:

The surface area of the cube is 96 squared unit.

Explanation:

The surface area of a cube is the addition of the area of each surfaces. The surface net of the cube illustrates that it has 6 squares of 4 unit length each.

So that,

 Area of a square = length × width

But, length = width

⇒ Area of a square  = (length)^{2}

                              = (4)^{2}

                              = 16

Area of one of the squares of the cube is 16 squared unit.

Surface area of the cube = number of squares × Area of one of the squares of the cube

                                          = 6 ×16

                                          = 96 squared unit

The surface area of the cube is 96 squared unit.

4 0
3 years ago
Olde Shoppe has the following information at August​ 31: times Two deposits made on August 31 were not on the bank​ statement, t
Reika [66]

Answer:

The adjusted book balance at August​ 31 is $13,824

Explanation:

The computation of the book balance is shown below:

= Cash balance + EFT payment on a note receivable +  interest on the note - forgot to record check -  check printing service fee  - NSF check

= $11,667 + $2,830 + $150 - $643 - $80 - $100

= $13,824

The remaining transactions would be adjusted to bank balance

3 0
3 years ago
The best mechanisms known today for efficiently providing goods and services are:
ad-work [718]
The cant Understand It sorry
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4 0
3 years ago
In Florida it is customary for the seller to pay the document tax on the deed. If the sale price is $115,000, how much will the
Dennis_Churaev [7]

Answer:

805

Explanation:

The document tax which is to be paid by the seller in Florida on deed is $0.70 per $100 of the sale value.Based on this, the document tax on the sale price of $115,000 shall be calculated as follows:

Document tax=(Sale value/100)*0.70

Sale value=$115,000

Document tax=(115,000/100)*0.70

                       =1,150*0.70

                       =805

4 0
3 years ago
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