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3 years ago

What countries have a market economy?

Business

1 answer:

KonstantinChe [14]3 years ago

3 0

The United States,Canada,Denmark,The United Kingdom,Hong Kong,and Mauritius

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QUESTION 22 You purchase one IBM July 125 call contract for a premium of $5. You hold the option until the expiration date, when

NikAS [45]

Answer:

$500 loss

Explanation:

Since you purchased a call contract for IBM stock, you had the option to buy IBM stock at a specified price ($125) within a specified time (?). The problem is that the price of your call contract was higher than the market price at that specific date. Obviously you will not exercise your option in order to limit your losses.

long call profit = Max [0, (current stock price - strike price) x number of shares] - premium paid)

where:

current stock price = $123
strike price = $125
number of shares = 100
premium paid = $5 x 100 = $500

long call profit = Max [0, ($123 - $125)(100)] - $500 = -$500

6 0

2 years ago

Megatron is a competitive firm operating under the following conditions: Price of output is $15, the profit maximizing level of

insens350 [35]

Answer:

Firm should be shut down in short run

Explanation:

We have given price of output = $15

Total economic cost = $650000

Total number of units for maximizing profit level = 40000

So average economic cost $=\frac{650000}{40000}=$16.25$

As the average economic cost is greater than price of the output

So firm should be shut down in short run

Answer will be firm should be shut down in short run

7 0

3 years ago

Sheridan Company manufactures one product. On December 31, 2019, Sheridan adopted the dollar-value LIFO inventory method. The in

disa [49]

Answer:

See attached file

Explanation:

8 0

3 years ago

True or False: If you have a Florida Learner's Driver License, you can legally operate any two or three wheel motor vehicle on F

IRISSAK [1]

The answer is false because it would be a 4 wheel vehicle
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7 0

2 years ago

Read 2 more answers

Concord Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on

Drupady [299]

Answer:

Sales price variance= $10,596.6 unfavorable

Explanation:

Giving the following information:

The following static budget based on sales of 1,820 kits was prepared for the year.

Sales $87,000

Assume that Concord Sports sold 1,827 volleyball kits during the year for $42 per kit.

First, we need to calculate the standard selling price:

Standard selling price= 87,000/1,820= $47.80

The sales price variance is calculated as follow:

Sales price variance= actual sales revenue - actual sales at the standard price

Sales price variance= (1,827*42) - (1,827*47.8)= $10,596.6 unfavorable

4 0

3 years ago