Answer:
$200
Explanation:
Given that,
Price of a stock on February 1 = $48
Trader sells = 200 put options
Strike price = $40
Option price = $2
Options are exercised when the stock price = $39
Net profit (Loss):
= Stock price - Strike price + Premium
= $39 - $40 + $2
= $1
The net gain for one put option is $1.
Therefore, the total net gain for 200 put options is as follows:
= 200 × $1
= $200
Hence, the trader's net profit is $200.
Answer:
Cash balance as at February 28 2022 is $ 96,900
Explanation:
Based on the data provided in the question, the movements in the cash account is as follows:
Investment from owner $ 114,000
Add: Cash sales $ 22,800
Less: Cash payment for expenses <u>$ (39,900)</u>
Cash balance as at February 28, 2022 <u>$ 96,900</u>
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The net present value of the new plant that Hawke Skateboard wants to build based on the original projections is $-226,275.04.
<h3>What is the
net present value?</h3>
Net present value is a capital budgeting method that calculates is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in years 0 = -3,280,000
Cash flow each year from year 1 to 15 = 3,280,000- 2,903,000 = 377,000
Cash flow in year 15 = 1,640,000
I = 11%
NPV = $-226,275.04
To learn more about net present value, please check: brainly.com/question/25748668
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Answer:
Replace “a number” with n
Replace “sum” with +
Replace “five” with 5
The correct algebraic expression is 5 + n
Im pretty sure this is right but correct me if im wrong :)
Answer:
D. Recognised $13.5 million gross profit on the project in 2021.
Explanation:
Firstly, we will begin by getting how much of the project has been completed
$35 million of the cost has been incurred and a further $83 million left
This means that the total cost would be;
= $35 + $83
= $118
If $35 million of the cost has been incurred, we can find out how far the project is using its proportionality .
= 35/118
= 0.297
= 29.7% of the project has been completed.
The above implies that we can apportion 29.7% of the contract price to 2021.
= 29.7% × $163 million
= $48.411 can be recognised as revenue
The cost till date is $35 and there were no costs in the previous year as this is the first year of the project.
Hence, the gross profit would be;
= $48.411 million - $35 million
= $13.5 million