Answer:
A, it is prohibited
Explanation:
Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale.
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I believe
D) all of these
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Answer:
Please see explanation
Explanation:
The following journal entries shall be recorded by the Pina Inc in its accounts for the transactions mentioned in the question:
July 1, 2020 Debit Credit
Treasury shares $9,048
(104*87)
Bank $9,048
(Reacquiring of 104 shares at $87 per share)
September 1, 2020 Debit Credit
Bank $5,670
(63*90)
Treasury shares $5,481
(63*87)
Paid in capital $189
(5,670-3,567
(Reissuing of 63 shares at $90 per share)
November 1, 2020 Debit Credit
Bank $3,403
(41*83)
Paid in capital $164
(3,567-3,403)
Treasury shares $3,567
(41*87)
(Reissuing of 41 shares at $83 per share)
Answer:
you should hold <u>76</u> shares of stock per 100 put options to hedge your risk.
Explanation:
Current stock price, S = $85
Risk-free rate of return, r = 5%
Standard Deviation, v = 25%
Exercise price, X = $90
expiration date, t (in years) = 30 days = 1 month = 1/12 = 0.083333 years
The option price (OP) is given by the formula:

![d_1 = [ln(S/X) + (r + v^{2} /2)t]/vt^{0.5}\\d_1 = [ln(85/90) + (0.05 + 0.25^{2} /2)*0.08333]/(0.25*0.08333^{0.5})\\d_1 = -0.6982](https://tex.z-dn.net/?f=d_1%20%3D%20%5Bln%28S%2FX%29%20%2B%20%28r%20%2B%20v%5E%7B2%7D%20%2F2%29t%5D%2Fvt%5E%7B0.5%7D%5C%5Cd_1%20%3D%20%20%5Bln%2885%2F90%29%20%2B%20%280.05%20%2B%200.25%5E%7B2%7D%20%2F2%29%2A0.08333%5D%2F%280.25%2A0.08333%5E%7B0.5%7D%29%5C%5Cd_1%20%3D%20-0.6982)

Using the pro-metric calculator for the cumulative normal distribution:
N(-d1) = N(- (-0.6982)) = N(0.6982) = 0.75747
N(-d2) = N(-(-0.7704)) = N(0.7704) = 0.77947

![OP =[ 90e^{(-0.05*0.08333)} * 0.77947] - (85*0.75747)\\OP = 5.48](https://tex.z-dn.net/?f=OP%20%3D%5B%2090e%5E%7B%28-0.05%2A0.08333%29%7D%20%2A%200.77947%5D%20-%20%2885%2A0.75747%29%5C%5COP%20%3D%205.48)
Note that N(-d₁) = 0.76
This means that 76/100 (i.e to hedge your risk, you should hold 76 per 100 put options )
Answer:
c
Explanation:
promoting individual growth and development means the same as to enhance the overall progress of its employees