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3 years ago

What is the maximum potential loss for a customer who is short 100 shares of ABC stock at $33 and short 1 ABC Jan 35 Put at $6?

Business

1 answer:

damaskus [11]3 years ago

8 0

Answer:

Unlimited loss potential

Explanation:

The maximum potential loss for a customer who is short 100 shares of ABC stock at $33 and short 1 ABC Jan 35 Put at $6 will be unlimited.

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Iota Inc. has a freewheeling culture, whereas Axiom Inc. has a culture based on structure and discipline. The merger of these tw

erik [133]

Answer:

Cultural gap

Explanation:

The merger of Iota Inc. and Axiom Inc. will be difficult due to the presence of a culture gap. An organization's culture may not always be in alignment with the needs of the external environment. The values and ways of doing things may reflect what worked in the past. The difference between desired and actual values and behaviors is called the culture gap. Culture gaps can be immense, particularly in the case of mergers.

Hope this works!!!!!

6 0

3 years ago

When a counselor uses a networked or shared computer for the storage of confidential information on clients, the counselor shoul

Alex

When a counselor uses a networked or shared computer for the storage of confidential client information, the counselor should store confidential records on a portable storage device, rather than on the computer's hard drive. A counselor is a person trained to give guidance on personal or psychological problems.

<h3>What is a confidential record?</h3>

Confidential records contain information that for one or more reasons should only be disclosed to specific people or groups.

Therefore, the correct answer is as given above.

learn more about counselor: brainly.com/question/27712678

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5 0

1 year ago

On December 28, 2021, Tristar Communications sold 14 units of its new satellite uplink system to various customers for $40,000 e

eimsori [14]

Answer and Explanation:

The computation of the income before tax in the year 2022 would be reduced or decreased by the cash discount amount i.e. shown below:

= Sale value × discount rate × number of units sold

= $40,000 × 1% × 14 units

= $5,600

Hence, the amount is $5,600

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0

3 years ago

In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca

kykrilka [37]

Answer:

Accounting break-even

Case

1 11,386.13 units

2 = 28125 units

3 312.5 units

Cash break-even

Case Break-even

1 = 13,861.38

2 = 8125

3 = 312.5

Explanation:

Accounting break even is computed as

Break-even = (total fixed cost + depreciation ) /selling price - variable cost per unit

Case

1 = (7,000,000 + 1,250,000)/(2,800- 2,295)= 11386.13861

2 (65,000 +160,000)/(51-43 ) unit = 28125

3 (1,800 + 700)/ (12- 4)= 312.5

Cash break even

Under here only cash based fixed cost would be used , depreciation would be ignored. This is so because it is not a fixed cost .

Break-even = (total fixed cost ) /selling price - variable cost per unit

1 = (7,000,000 )/(2,800- 2,295)= 13,861.38

2 (65,000 )/(51-43 ) unit = 8125

3 (1,800 + 700)/ (12- 4)= 312.5

8 0

3 years ago

Brooks Agency set up a petty cash fund for $150. At the end of the current period, the fund contained $28 and had the following

alexdok [17]

Answer with its Explanation:

Journal entries required:

(a). To record establishment of the fund

When the petty cash fund was set up the entry was increase in petty cash and decrease in cash balance of the company which is increase in one asset (Petty cash asset) and decrease in other asset (cash asset).

Dr Petty cash $150

Cr Cash $150

(b). Reimbursement of the fund at the end of the current period.

The entry of spending of money on entertainment $70, postage $30 and printing $22 are all expenses incurred which is increase in expense and increase in the expenses are debited. The cash is paid here which means that the cash asset is decreased which must be credited.

Dr Entertainment expenses $70

Dr Postage expense $30

Dr Printing Expense $22

Cr Petty cash $122

4 0

3 years ago