Read through all of the information even though it may be like reading a book u need to make sure u understand everything your signing into on that contract completely.
The document which establishes an initial record of the receipt of an inventory is THE RECEIVING REPORT.
The receiving report is usually used by a business to record the details of the products that are received from suppliers. The record documents what is owned to supplier based on the number of goods accepted and the ones that are returned.<span />
Answer
The correct answer is C. 362
Explanation
The formular for calculating the number of shares will follow the below step
Number of Xyz share for Nick=Total dividend paid per year/the dividend on a single share
Total divident paid=$1567.46
Divived on a single share=$4.33
Total number of shares=$1567.46/$4.33=362 shares
Answer: Covered Call
When a person holds a stock and writes (sells) calls on the same stock, the strategy is known as a covered call.
A person can opt for this strategy if he has a neutral view on the stock, but wants to generate an income stream by receiving premiums by writing the call option.
The risk involved in this strategy occurs when the stock price moves above the strike price. In this scenario, the covered call writer has to deliver the shares when the call is exercised. He doesn’t benefit from an increase in price.
Answer:
$63
Explanation:
Calculation for what should the futures price be
Using this formula
Future price=Current spot price (1 + r)
Let plug in the formula
Future price= $60*(1+0.05)
Future price= $60* (1.05)
Future price= $63
Therefore what should the futures price be is $63
