Answer:
it's B
Explanation:
Allow me to clarify:
according to Google
software piracy is the illegal copying, distribution, or use of software
Answer:
the trucking company recorded<em> a</em><em> </em><em>loss on disposal of $152,200 </em>when it sold the fleet of trucks.
Explanation:
Open the Truck Disposal T-Account as Follows:
Debits :
Cost $1,496,000
Totals $1,496,000
Credits:
Cash Receipt $56,800
Accumulated Depreciation $1,287,000
Profit and Loss (Balancing figure) $152,200
Totals $1,496,000
<em>Therefore, there was a loss on disposal of $152,200</em>
Answer:
D. Current assets minus merchandise inventory.
Explanation:
Answer:
To hedge the preferred stock position, the manager should: Buy tyx calls
Explanation:
When market interest rate rise preferred stock drop. To hedge using interest rate index option, <em>the contract must offer an offsetting profit during a period of rising interest rates. Therefore buy TYX calls. </em>These will continue to give ever increasing profit as market interest rate continue to rise. And it will offset the ever increasing loss that would be incurred on the XYZ preferred stock position as the market interest rate continues rising.
The hedge is that Any loss on preferred stock position would be offset by corresponding gain on the long interest rate index call position.