Answer:
none of the above
Explanation:
because the organization must know how much they own
An outstanding balance on your account
Answer:
the different types of handling equipment can be classified into four major categories transport a comment position a common unit learn formation equipment and storage equipment
Answer: interest
Explanation:
Notes payable occurs when a promissory note is issued to the bearer by the firm. Notes payable can either be short term which is within a year or long term which is more than a year.
The difference between the amount received from issuing a note payable and the amount repaid at maturity is known as the interest.
Answer:
$14.73
Explanation:
Given that, there is a 50 - 50 chance that a call option will either increase or decrease ;
Exercise price = $109
Increase price = $142
Decrease price = $76
Using the two state stock price model :
Increase price - exercise price ; 142 - 109 = $33
Decrease price - exercise price ; 76 - 109 - $33
We calculate the mean, expected value of winning after one year,
E(X) = Σx*p(x)
Since call won't be exercised if price decrease, then - 33 = 0
x : ___ 33 _____ 0
p(x) : _ 0.5 ____ 0.5
E(X) = (33*0.5) + (0*0.5)
E(X) = 16.5
The present value, PV = Expected winning / (1 + r)
PV = 16.5 / (1 + 0.12) = 16.5 / 1.12 = 14.73
