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Anna71 [15]
3 years ago
15

True or False: Your friend thinks that the stock price of KnowItAll Corp. will decline. He decides to write and sell an option w

ithout buying the stock. He says that he will buy the stock when his option buyer exercises the option. This is an example of a naked option. This statement is
Business
1 answer:
BlackZzzverrR [31]3 years ago
8 0

Answer:

True

Explanation:

In the case of naked options, the seller does not own any stock which is underlying Also the payoff related call option shows the difference between the price of the stock and the strike price

Therefore in the given situation, since he decides to write and sell without purchasing the stock but the purchased could be done when the option is exercised

So by the above explanation, the given statement is true

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A third party help them to reach an agreement and this is meditation. Meditation is a practice where individuals train or operates their mind or induces a mode of consciousness. When the person meditate, this person wants more time to think and to make her mind calmer and be more focused.
8 0
3 years ago
In Russia, suppose GDP per capita grows by 9.0 % per year for 31 years . By how many times does this economy grow?
makkiz [27]

Answer:

Russian Economy will grow by 14.46 times using 9% per year growth for 31 years.

Explanation:

Growth Rate = g = 9% = 0.09

Number of years = n = 31 years

Number of time economy grow = ( 1 + growth rate )^number of years

Number of time economy grow = ( 1 + g )^n

Number of time economy grow = ( 1 + 0.09 )^31

Number of time economy grow = 14.46 times

So, Russian Economy will grow by 14.46 times using 9% per year growth for 31 years.

8 0
3 years ago
Internal control over a company’s assets should include which of the following?
Xelga [282]
All of the above should be the answer :)
4 0
3 years ago
The following events apply to Gulf Seafood for the 2018 fiscal year: The company started when it acquired $60,000 cash by issuin
Arte-miy333 [17]

Answer:

depreciation per year:  9,000

<u>operating income: </u>     41,000

Explanation:

Q: Adjusted the records to reflect the use of the cooktop.

Under straight-line the company will recognize the same amount of depreciation over the course of the assets life. At year-end the company will adjsut for the loss in value for the asset generated for the past of time.

\frac{cost - salvage \: \:value}{useful \:\: life}

\frac{40,000- 4,000}{4}

depreciation per year: 9,000

<u>operating income:</u>

revenues                      72,000

salaries expense:        (25,000)

depreciation per year:  (9,000)

          total                    41,000

6 0
3 years ago
Michael Co. is a corporation that sells breakfast bars. Based on the accounts listed below, what are Michael's total trade recei
Thepotemich [5.8K]

Answer:

B. $42,000

Explanation:

Trade receivables refers total amounts that customers of a company are owing the company for goods or services sold to them.

For Michael Co., this can be calculated as follows:

Michael's total trade receivables = 3-month note due from Michael's main customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

Therefore, we have:

Michael's total trade receivables = $12,000 + $19,000 + 11,000 = $42,000.

Therefore, Michael's total trade receivables is $42,000.

7 0
3 years ago
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