Answer:
$98.02
Explanation:
Data provided in the question:
Value of contract = $1,330
Maximum value = $86
Minimum value = $65
Exercise price = $78
Risk-free rate = 3%
Now,
Current value of stock =
also,
a standard contract has 100 shares
thus,
Call price = Value of contract ÷ 100 shares
or
Call price = $1,330 ÷ 100 = $13.30
Thus,
Current value of stock =
or
Current value of stock = ( 2.625 × $13.30 ) + $63.1068
= $98.0193 ≈ $98.02
Answer:
Unitary cost= $78.07
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 4,547,200 / 80,000
Predetermined manufacturing overhead rate= $56.84 per direct labor hour
<u>Now, we can allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 56.84*0.8= $45.47
<u>Finally, the unitary cost:</u>
Unitary cost= 15 + 17.6 + 45.47
Unitary cost= $78.07
Explanation:
organization is the action of organizing while organizing is the verb
Answer:
B. Fairness and other moral considerations cause Al to act contrary to his pure self-interest.
Explanation:
Moral considerations refer to paying utmost attention to one's conduct, based upon the morals one has attained.
An individuals morals determine and shape his actions and conduct. Morals refer to an individuals beliefs and views as to which actions should be considered as right and what is defined as wrong.
An individuals morals are shaped by his/her social interaction and commonly acceptable social beliefs which specify what constitutes right or wrong.
In the given case, Al pays full amount of taxes despite knowing that by application of certain methods, he can successfully conceal his income. Here, the individual's own conscience does not let him behave in an unscrupulous manner owing to his inclination towards morals.
This just and fair behavior coupled with other moral considerations, cause Al to overlook his self interests and act to the contrary.
Answer: initially Sam gross profit would drop. But overtime when he starts gaining customers in his new branch added to the already existing customers in his old branch there would a very large gross profit increase.
Explanation: Gross profit is the percentage of revenue a company retains after accounting for cost of goods/services.
In this case payment of staffs in both the old and new branches would be accounted for, with the new branch still very much dependent on the old branch for payment of staff until it can get its own customers, only then would the new branch be able to be self reliant and also make profit.