Answer:
B. $1,989.75
Explanation:
Cost of option (C) = $510.25
Option selling price (Po) = $85 per share
Share price when selling (Ps) = $60 per share
Number of shares (n) = 100 shares
Since the option allows you to sell shares that are valued at $60 for at $85 each, by selling 100 shares, your total earnings are:
To find the pre-tax net profit (P), subtract the amount paid for the options from your earnings:
Answer:
c)
Explanation:
The costumer has no spouse or dependents. This negates the value of the death benefit. The founds has no liquid due to the surrender fees, and there is also 10% penalty on withdrawals before age 59.5
Answer:
Add a term rider
Explanation:
To satisfy the need for additional coverage at a low price the Q can add a term life insurance rider.
The addition of a term rider will allow Q for the additional coverage to be put into place at an affordable price, without having to acquire another policy.
As term rider is a fixed benefit policy thus, ordinary straight whole life will not allow an increase in face amount.
<span>So the total ratio amounts to 3,2,1 which add up to 8. At liquidation the total capital amounts to 178,000 - 124,000 = $56,000. Initially Nettle's share amounts to 3/6 * 56,000 = $28,000. Nettles doesn't receive anything. He still owes $48,000 - 28,000 = $20,000 while King receives 2/6 * $56,000 = $18, 667 and Tanaka 3/6 * $56,0000 = $28,000</span>
Answer:
NET INCOME
Explanation:
as you re measure each transaction, the difference, gain or loss, flows through income statement as a foreign currency transaction adjustment.
