Answer:
What did the company purchase that resulted in the cash outflow from investing activities?
It purchases Land for 16,500
Explanation:
The investing activities outflow will be for the purchase of long tem assets in cash.
The complete cash outflow for investing activities is explain it through the land account:
cash outflow: 16,500
land: 16,500
There are no other long-term assets which can explain the variance plus, the land account covers the amount entirely.
The term that is being described above is the rules committee;
the rules committee are responsible of having to take charge on bills in which they
determine the rules of each bills and whether they are to consider it in the
floor of the house.
If the current price of a pound of chicken is $3 per pound and the equilibrium price is $6 per pound what takes place is: a) There is a shortage , so the price rises and quantity demanded decreases.
The current price of $3 per pound is lesser that the equilibrium price of $6 per pound which means that their is shortage.
The shortage indicate that their is increase in demand in the market because the quantity demanded is higher than the quantity supplied.
Therefore the rise in price of goods and services will lead to decrease in the quantity demanded of such goods or product.
Inconclusion what takes place is: a) There is a shortage , so the price rises and quantity demanded decreases.
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Answer:
U.S. dollar-Canadian dollar exchange rate is $1.5961
Explanation:
given data
1 U.S. dollar = 1.60 Canadian dollars
annualized return = 6%
annualized return = 6.5%
time = 180 day
to find out
what is the U.S. dollar-Canadian dollar exchange rate
solution
we know that 1 U.S. dollar equal to 1.60 Canadian dollars
and
exchange rate for 180 days is
exchange rate = Canadian dollar ×( 1 + canadian interest rate ) / ( 1+ US interest rate) .....................1
put here all these value
exchange rate = Canadian dollar ×( 1 + canadian interest rate ) / ( 1+ US interest rate)
exchange rate = 1.60 ×( 1 + 0.03 ) / ( 1+ 0.0325)
exchange rate = 1.5961
U.S. dollar-Canadian dollar exchange rate is $1.5961
Answer:
Profit of 3600
Explanation:
I bought the 600 shares at a price of $41.20
so, Cost of buying the shares 24720
Along with it, i also bought the put option in $1.10 with a strike price of $45.
Buying the put option able me to sell the stock in 45 regardless of the price in stock market is.
But at the expiration date, the price of stock is $48.30 (more than strike price of $45)
So, i would not sell my stock to the broker in 45 (strike price) where, i can sell this stock in stock market at $48.30
Selling this stock in 48.30
48.30*600=28980
I must pay the option premium even though i have not utilized the option.
1.10*600=660
Finally,
selling price of shares-cost of buying shares - cost of purchasing premium
28980-24720-660= 3600
