Answer and Explanation:
The solution of profit/loss is shown below:-
Stock Price Profit/Loss
a. $32 -$4.30 After 6 months Stock price is less than strike price
b. $37 -$4.30 After 6 months Stock price is less than strike price
c. $42 -$4.30 After 6 months Stock price is equal than strike price
d. $47 $0.7 ($47 - $42 - $4.30)
e. $52 $5.7 ($52 - $42 - $4.30)
Answer:
The sum of the debits will exceed the sum of the credits by $340. (None of the options given).
Explanation:
The right posting on the payment of $210 for the purchase office supplies would be;
Debit office supplies account $210
Credit Cash account $210
However since the debit to office supplies was $550 which is 340 (i.e $550 - $210) more than what the amount to have been posted is, it means that the sum of the debits will exceed the sum of the credits by $340.
Answer:
Present Value= $15,874.25
Explanation:
Giving the following information:
Assume the real rate of interest is 3.00% and the inflation rate is 6.00%. What is the value today of receiving 14,488.00 in 13.00 years?
<u>This is a rare case where the interest rate is negative:</u>
Interest rate= 0.03 - 0.06= -0.03
Having said this, the present value is higher than the final value:
PV= FV/ (1+i)^n
PV= 14,488/ 0.97^3= $15,874.25
Answer:
The correct answer is letter "A": economists include opportunity cost in zero economic profit, while accountants do not include opportunity cost in zero profit.
Explanation:
Normal profit is an economic term that means zero economic profits. To an economist, this is normal since total revenue equals total cost which includes both explicit and implicit costs. It differs from the accounting profit or zero profits since the latter does not take into consideration implicit cost.
Answer: After 50 minutes the bell is at a depth of 2000 ft so we can find the average rate by
2000/50 =40 ft per minute.
We ignore the 400 ft in 12 minutes because that is included when we take out the average at 50 minutes and adding it in would be an error of doubly entry.
Explanation:
