Answer:
C. Sell a straddle
Explanation:
Considering the following calculation: Sell a straddle = sell a put + sell a call
and,
Premium income for selling a straddle = (P + C )100 = ($3 + $4)(100) = $700.
a short straddle involves simultaneously selling a put option and call option with the same underlying asset, same exercise price and expiration date
By Selling a 3 month put option with exercise price of $40 one will get $3 (inflow of $3)
Simulatenously By Selling a 3 month call option with exercise of $40 one wiil get $4(inflow of $4)
Thus the total premium income of selling a straddle is $7
Answer:
1) assuming that the credit card company's payments are immediate (1 business day)
April 30,2015, net credit and debit card sales
Dr Cash 13,580
Cr Sales revenue 13,580
2) assuming that the credit card company's payments are immediate (1 business day)
April 30,2015, gross credit and debit card sales
Dr Cash 13,580
Dr Credit card fees 420
Cr Sales revenue 14,000
Answer:
C. additional information
Explanation:
When you gather data, the most important thing that you need to fill first is the identity of the subjects.
In business, the data that companies take through questionnaires is made in order to read the market's trends or customers' general preference. In order for the data to be usable, the companies need to be able to differentiate subjects based on different characteristics (such as age, gender, income level, etc). All of this information is filled under the additional information box on every files.
Answer:
Cash= 87,910 + 9.3*direct labor hour
Explanation:
Giving the following information:
The variable overhead rate is $9.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $106,140 per month, which includes depreciation of $18,230.
Cash= (106,140 - 18,230) + 9.3*direct labor hour
Cash= 87,910 + 9.3*direct labor hour
Answer:
The incorrect statement is letter "B": Residents of Canada meet the definition as a qualifying person.
Explanation:
Credit for Other Dependent is a tax credit taxpayers can claim for every qualifying dependent that is not considered as a Child Tax Credit (17 years or older and elderly parents). The taxpayer can get up to $500 nonrefundable credit for each of those qualifying dependents. Residents of Canada and Mexico do not meet the definition of qualifying dependent.