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yan [13]
3 years ago
8

You establish a straddle on Fincorp using September call and put options with a strike price of $80. The call premium is $7.00 a

nd the put premium is $8.50. a. What is the most you can lose on this position
Business
1 answer:
Nina [5.8K]3 years ago
6 0

Answer: $15.50

Explanation:

From the question, we are informed that someone establish a straddle on Fincorp using September call and put options with a strike price of $80 and that the call premium is $7.00 and the put premium is $8.50.

The most that can be lose on this position will be the addition of the call premium and the put premium. This will be:

= $7.00 + $8.50

= $15.50

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A sole proprietorship that began business's May 1, 2018, incurred $9000 of startup expenses. If the business elects to report th
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Answer:

Option (C) $178

Explanation:

Data provided in the question:

Startup expense incurred by the business = $9,000

Now,

The start-up costs and organizational expenses are deducted over a time period of 180 months

also,

$5,000 can be deducted in the first year by the startup expense.

Therefore,

Amortization amount reported as a "other expense" on Schedule C per month

= [ Startup expense - $5,000 ] ÷ 180

= [ $9,000 - $5,000 ] ÷180 = $22.22

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= $22.22 × 8

= 177.78 ≈ $178

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Option (C) $178

3 0
3 years ago
Flounder Corporation is preparing a bank reconciliation and has identified the following potential reconciling items.
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Answer:

Explanation:

The journal entries are shown below:

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d. No entry passed

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The deposit in transit and outstanding checks should not be recorded. So, no entry is passed.

5 0
2 years ago
When a vacuum cleaner salesman persuades people to let him vacuum their living room for free, he is likely to increase his chanc
Afina-wow [57]
<span>He is using the foot in the door technique. This is when you ask for small things and ingratiate yourself to a person in order to make way for larger things that the person would not ordinarily do. You ask for something small, and then that makes them more likely to give you something larger when you ask.</span>
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2 years ago
Suppose the following transactions occur during the current year:
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Explanation:

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we will now sow how these Transactions affect the gross domestic product

1. 50 cases of beer from a dutch distributor at $40 per case

When Dmitri (assuming he is in the United States) Purchases a 50 cases of beer abroad, Imports increase by $2000 ($40 x 50 cases)

Imports have a negative impact on the Gross domestic product, Therefore the Gross domestic product will decrease by $2000

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2.US Company sells 200 Transistors to a Spanish company at $15 per case

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Combined effect of these Transactions

Consumption + Investment + government spending + (export - import)= GDP

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These transactions combines will increase the Gross Domestic Products by +2500

8 0
3 years ago
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Answer: incomplete

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