Answer: $2,000
Explanation:
The Futures were sold at $1.50/GBP yet the settlement is $1.30/GBP. That means the premium is;
= 1.50 - 1.30
= $0.2/GBP
Payoff would be;
= 10,000 * 0.2
= $2,000
Answer:
1. Dividend Payment Requirements:
a. Common stock dividend rates are not fixed, unlike the preferred stock dividends. They are not cumulative like cumulative preferred stock. They are only paid when the directors declare them.
b. Preferred stockholders usually have a fixed rate of dividend. They have preference over common stockholders in dividend payments. Some preferred stockholders enjoy cumulative dividends, unlike common stockholders.
2. Common stockholders expect higher dividends than the preferred stockholders because they bear the residual business risks associated with the company.
Explanation:
Dividend income results when management declares it to be paid to the stockholders. They are usually paid out of earned income. The discretion to declare dividends lies solely with management. On the other hand, stockholders can decide to take advantage of the movements in stock prices at the stock exchange by earning capital gains through selling their shares. This income is not at the discretion of management insofar as the entity is being run profitably.
Answer:
The correct answer is letter "D": Andy Friese was formerly employed at Reliable Auto. He has been out of work for six months, and he gave up looking for work over a month ago.
Explanation:
A discouraged worker can be defined as an individual who is not in the labor force, who is willing and capable to join it but has been unemployed since the last time that person had a job for more than 12 months and who has stopped looking for a job somewhere in the past 4 weeks.
Discouraged workers are mainly those that cannot find a job suitable for their skills and who are not willing to secure a job where their skills would be underappreciated. Then, <em>as Andy has given up looking for a job in the past 4 weeks and is not currently in the labor force, he can be considered a discouraged worker.</em>
Answer:
(a) 0; 0
(b) $150 per hour; $16.67 per hour
(c) (b) $150 per hour; $53.57 per hour
Explanation:
(a) Number of hours = 125
Marginal cost = 0 (since service is cost less upto 200 hours)
Average cost = 0
(b) Number of hours = 225
Marginal cost = $150 per hour
Total cost = $150 × (225 - 200)
= $150 × 25
= $3,750
Average cost = Total cost ÷ Number of hours
= $3,750 ÷ 225
= $16.67 per hour
(c) Number of hours = 325
Marginal cost = $150 per hour
Total cost = $150 × (325 - 200)
= $150 × 125
= $18,750
Average cost = Total cost ÷ Number of hours
= $18,750 ÷ 325
= $53.57 per hour
Answer: Coverdell Education Savings Account (ESA)
Explanation:
A Coverdell Education Savings Account (ESA) is a type of Trust account created by the US Government to help families fund the educational expenses of their members who are aged 18 or below.
This account is not Taxable as the US Government wants to use it as a way to encourage Educational Expenditure.
The account however is limited to a maximum deposit of $2,000 per year per beneficiary and so is perfect for the customer in question.
