The change in owner's equity is $14,000, during the period. This is known by the equation - Assets = Liabilities + Equities.
Answer:
$600 profit
Explanation:
bought Oct Call at $9 and sold at $12 = $3 profit
sold Jul Call at $4 and bought back at $1 = $3 profit
total profit $6 per option x 100 shares = $600
Answer:
Demand decreases.
Explanation:
If demand decreases while supply remains unchanged, equilibrium price and quantity would fall.
If supply increases, equilibrium price would fall and quantity would rise.
If supply decreased, equilibrium price would rise and quantity would fall
If demand increases, equilibrium price and quantity would rise.
I hope my answer helps you
Answer:
$44,928,000
Explanation:
The fact that 416,000 received a refund of $3,600 each means that the tax authority would lose the interest income that could have been generated on the total refund amount based on a 3% interest rate of return.
Lost annual income=number of people who got refund*average refund per person*interest rate of return
number of people who got refund=416000
average refund per person=$3,600
the interest rate of return=3%
Lost annual income=416,000*$3,600*3%
Lost annual income=$44,928,000
Answer:
Curiosity. Technology develops at different rates and in different ways around the world.
A Sense of Impatience. Entrepreneurs need impatience in order to recognize inefficiencies
Sociability. It’s important for any entrepreneur to have a good network of like-minded people to
Explanation:
