Answer:
e. agreed to pay millions to Mexico.
Explanation:
The Treaty of Guadalupe Hidalgo wan on 2 February 1848 between the US and the Mexican Republic. The official title of the treaty is the Treaty of Peace, Friendship, Limits and Settlement between the US and Mexico.
The major purpose of signing the Treaty was to bring an end to the Mexican–American War that lasted betweem 1846 and 1848). Mexico sought to end the war when its army was defeated and the its capital fell. The treaty was effective starting from 4 July 1848.
The provisions of the include: the US should pay US$15 million to Mexico; to pay up to US$5 million to the citizens of the US that had claims against Mexico; the Rio Grande was given to the US to serve as a boundary for Texas; it also gave California including expanse areas like half of New Mexico, Colorado, Utah and Navada.
Therefore, the only correct option in the question is e. agreed to pay millions to Mexico.
Answer:
$112,500
Explanation:
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
Depreciation expense in year 1 = 2/4 x $450,000 = $225,000
Book value at the beginning of year 2 = $450,000 - $225,000 = $225,000
Depreciation expense in year 2 = 2/4 x $225,000 = $112,500
Answer:
$27,900
Explanation:
The computation of adjusted cash balance is shown below:-
Adjusted cash balance = Balance at May 31 - bank service fees - NSF check
= $28,525 - $25 - $600
= $27,900
Therefore for computing the adjusted cash balance we simply deduct the bank service fee and NSF check from balance at may 31
Hence, the adjusted cash balance is $27,900
Answer:
The value of the put option is;
e. $9.00
Explanation:
To determine the value of the put option can be expressed as;
C(t)-P(t)=S(t)-K.e^(-rt)
where;
C(t)=value of the call at time t
P(t)=value of the put at time t
S(t)=current price of the stock
K=strike price
r=annual risk free rate
t=duration of call option
In our case;
C(t)=$7.2
P(t)=unknown
S(t)=$50
K=$55
r=6%=6/100=0.06
t=1 year
replacing;
7.2-P=50-55×e^(-0.06×1)
7.2-P=50-(55×0.942)
7.2-P=50-51.797
P=51.797+7.2-50
P=$8.997 rounded off to 2 decimal places=$9.00
