<h2>The given statement is true.</h2>
Explanation:
Points and sub points help the readers to,
- Understand it clear
- Better clarity
- Reader-friendly
As per the given statement in the question, it is mandatory to have two or more points as sub points.
Reason:
We go for elaborating with sub points for the reason that
- it needs more briefing in points
- Need to talk variety of details
- To convey depth of content in simple way
- Depth indicates that the pointers will be more than 2 items
So if the pointers are lesser than two, then it is enough the content is delivered as a single statement than in points.
Answer:
D) Buy XYZZ stock and sell an XYZZ call
Explanation:
If the buyer is convinced that XYZZ stock has bottomed its price he should buy that stock since it's the cheapest it will get.
If he believes that XYZZ's price will soon rebound, then he should not sell a call option for XYZZ. f he sells a call option then his earnings will be very limited, since the price set at the call option will not be very high.
He should keep XYZZ stock for a while and wait for its price to rebound.
Answer:
Letter B is correct
Explanation:
Technology is an engineering science that a company can use to generate methods, processes, studies, and tools to create new, innovative goods and services. It is an extremely important and impactful science worldwide, through technology it is possible to innovate and improve processes and people's lives.
Answer:
Please refer to detail explanation below to see the accounting treatment at date of issuance of bond and on date of semi-annual payment of interest.
Explanation:
As information is missing it is assumed that record mean book entry and coupon rate is equal to market Rate i.e. 8%.
On the date of issuance (Jan-01,2018) the company will pass following entry i.e.
Debit Cash Asset 2400000$
Credit Bond Liability 2400000$
On the date of Interest payment semiannual (June-30,2018) the company will pass following entry i.e.
Debit Interest expense 96000$
Credit Cash Asset 96000$
On the date of Interest payment semiannual (December-31,2018) the company will pass following entry i.e.
Debit Interest expense 96000$
Credit Cash Asset 96000$
(Interest calculation 2400000*8/2= 96000) Semi annually
Answer:
$1,014
Explanation:
The computation of effective price received by the company for the commodity is shown below:-
Here for computing the Effective price received first we need to find out the profit on future contract which is here below:-
Profit on future contract = Futures prices of Nov 1 - Dec Future prices Dec
= $1015 - $981
= $34
Effective price received = November Price + Profit on future contract
= $980 + $34
= $1,014
