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3 years ago

____________refers to information being available to users early enough to allow them to use it in the decision process.

Business

1 answer:

S_A_V [24]3 years ago

7 0

Answer:

The correct word for the blank space is: Timeliness.

Explanation:

Timeliness is a characteristic the Financial Statements must meet by which executives in decision-making positions could be able to read and comprehend what the information reflects on the company's well being so they can take proper action to correct the course of the company or find the way to keep it and improve it.

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You have been asked to create a synthetic short position in a forward contract that permits you to sell 10 units of the underlyi

Zanzabum

Solution :

$\text{Short forward = buy a put + short a call on the same stock}$ with the same exercise price.

X = exercise price = 50

1). Position to be taken :

-- buy 10 numbers of Put options with strike price of $ 50 per unit.

--- short (sell) 10 numbers of Call option with strike price of $ 50 per unit.

2). Cost of synthetic short position = $10 \times (P-C)$ ,

where, P = price of 1 put ption

C = price of 1 call option

The Call - Put parity equation :

$\frac{C+X}{(1+r)^t}=S_0+P$

Here, C = Call premium

X = strike price of call and Put

r = annual rate of interest

t = time in years

$S_0$ = initial price of underlying

P = Put premium

Therefore,

$P-C=PV(X)-S_0=\frac{X}{(1+r)^t}-S_0$

Here, t = 1, $S_0$ = 48, X = 50

So the cost of the position is given as : $\frac{50}{(1+r)} -48$

7 0

3 years ago

The greatest amount of foreign exchange trading takes place in the following three cities:

irina1246 [14]

Answer:

The correct answer is letter "A": New York, London, and Tokyo.

Explanation:

New York City is still considered the world center for <em>foreign exchange</em> (forex) trading only followed by London and Tokyo. The main currencies being traded are the <em>U.S. dollar (USD), Euro (EUR) </em>and <em>the Japanese yen (JPY)</em>. Some analysts believe soon the <em>Chinese renminbi (CNY)</em> will take an important place among the previously mentioned three currencies.

8 0

3 years ago

What are the three aspects of corporate organization according to the economics of organizational architecture article?

Iteru [2.4K]

Answer:

The three aspects of corporate organization according to the economics of organizational architecture article are;

Decision Right Assignments

Reward System

Performance Evaluation

7 0

3 years ago

In a deed, the person or entity conveying the real property interest is more commonly referred to as the:

Kazeer [188]

In a deed, the person or entity conveying the real property interest is more commonly referred to as the: Grantor.

<h3>Who is the Grantor?</h3>

The grantor in a property deed is the individual who owns the property that is to be sold. He confers the ownership rights of the property to the grantee.

The property that is transferred is referred to as the Grant.

Learn more about grantors here:

brainly.com/question/8052465

4 0

2 years ago

Data Recovery Systems (DRS) has a degree of operating leverage (DOL) equal to 3.2x and a degree of total leverage (DTL) equal to

Anna71 [15]

Answer:

The DRS's EBIT will be $205,920.

Explanation:

Degree of operating leverage measures how EBIT will change with change in sales

Degree of operating leverage (DOL) = % change in EBIT / % change in sales

In our case, DOL = 3.2x

Sales forecast = $300,000

Actual sales = $313,500

% change in sales = (Actual sales - forecast )/ forecast = (313,500 - 300,000) / 300,000

= 4.5%

EBIT forecast = $180,000

Now putting everything in DOL formula

3.2 = % change in EBIT / % change in sales = % change in EBIT / 4.5

% change in EBIT = 3.2 * 4.5

= 14.4%

Actual EBIT = Forecast *(1 + % change)

= 180,000*(1 + 0.014)

= $205,920

Therefore, The DRS's EBIT will be $205,920.

4 0

3 years ago