Customers with credit cards with no balance are more likely to have high assets and medium-low debt.
<h3>What do you mean by Credit card?</h3>
A credit card is a small rectangular or metal piece of paper issued by a bank or financial services company, which allows cardholders to borrow money to pay for goods and services from merchants who accept cards to pay.
Customers who are more likely to have medium and low credit often use credit cards, but do not leave a balance. They also have a savings account and a retirement account.
Thus, Customers with have credit cards with no balance are more likely to have high assets and medium-low debt.
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Answer:
A
Explanation:
In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?
The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.
Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.
Answer:
1 ABC Jan 100 Call
Explanation:
Although the OCC does not usually adjust the strike price of listed options for regular quarterly cash dividends. This is because they are known quantity that are segmented by the market into options premium.
For special cash dividends, they are not a frequent event hence market does not recognize them. This special cash dividend is $10 per share × 100 shares = $1,000 value per contract. It therefore means that the $1,000 value per contract will be adjusted.
The new strike price will be
= 110 - 10 cash dividend
= 100. It also means that the number of shares covered by the contract does not change.
