Answer:
$53
Explanation:
Call option is $3
Exercise price is $50
The stock is currently priced at $49
It rises to $55 on the expiration date
Therefore the cost price at which the speculator will break even can be calculated as follows
= ($50-$3)+($55-$49)
= $47 + $6
= $53
Answer:
Presentation
Explanation:
There are six steps in making a successful sale. The first step is prospecting and Qualifying and the last one is following up on the sale.
Personal selling is the sale in which the seller makes a face to face presentation to the customer. Sales jobs range from the salespeople at the clothing stores to the engineers with MBA's who design complex systems for the manufacturers. The importance of personal selling is that it provides a detailed explanation of the product and the sales message can be varied as per the interests of the prospective customer. The size of the personal sales force can be varied as per the needs. In the above question, the salesperson responds to new requests of the customer, which is an important part of personal selling.
Answer:
A. $950
Explanation:
Proper documentations of payments, purchases and income in any company is very necessary for growth.
From the question, the following transaction occured:
- March 3 => a desk was purchased for $450
- March 22 => another desk was purchased for $500
- March 24 => $400 was paid on account.
To know the amount that ABC should report for desks, the two transaction for desk should be summed and the result will be the amount that should be recorded.
Therefore,
$450 + $500 = $950.
The answer is: High-speed presses could mass-produce books, magazines, and newspapers
Due to the ability to mass-produce reading materials, it become much more easier for people to read about new information. This make it easy for people to obtain the knowledge about different cultures without actually having to visit that civilization. The information later on would keep distributed from one person to another and largely contribute to the growth of popular culture.
