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kakasveta [241]
3 years ago
11

You write one JNJ February 70 put for a premium of $5. Ignoring transactions costs, what is the break-even price of this positio

n?
Business
1 answer:
Law Incorporation [45]3 years ago
4 0

Answer:

$65

Explanation:

The calculation of the break even price for this position is given elow:

Break even price is

= Strike price - premium

= $70 - $5

= $65

The stock goes increase i.e. upwards to $65 so the amount that lose is only $5 but it declines than the stock would be $0

Therefore, the break even price of this position is $65

So, by using the above formula we can get the break even price and the same is to be considered

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For businesses that gross in excess of $10 million per year, pro forma amounts are usually ________. rounded to the nearest ten
KatRina [158]

Answer:

rounded to the nearest ten thousand dollars

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

5 0
3 years ago
Cedar Designs Company, a custom cabinet manufacturing company, is setting standard costs for one of its products. The main mater
Anna007 [38]

Answer:

$29.00

Explanation:

Direct labor time standard consists of basic time plus allowance for breaks, downtime and rejections.

The direct labor standard cost per hour will be a combination of all factors relating to labor:

Carpenters' wages are $20.00 per hour.

Payroll costs are .............$3.00 per hour,

and benefits are .............$6.00 per hour.

Standard labor cost IS..$29.00 per hour.

7 0
3 years ago
David and Sandra Dess contracted with Sirva Relocation, LLC, to assist in selling their home. In their contract, the Desses agre
Inga [223]

Answer:

The answer is:

The Kincaids can sue David and Sandra Dess because they can be considered intended beneficiaries of the contract between them and Sirva.  

Explanation:

Intended beneficiaries are third parties in a contract that can sue the promisor for breach of contract.

In the contract, David and Sandra agreed to fully disclose all information about the property. Under the terms of the contract, they agreed that Sirva and "other prospective buyers" could rely on their disclosures.

8 0
3 years ago
Pheasant Co. can further process Product B to produce Product C. Product B is currently selling for $30 per pound and costs $28
Gnom [1K]

Answer:

differential cost of producing product C = $24 per pound

Explanation:

given data

B  currently selling = $30 per pound

produce cost = $28 per pound

C would sell =  $60 per pound

produce additional cost = $24 per pound

to find out

What is the differential cost of producing Product C

solution

we get differential cost of producing product C is express as

differential cost of producing product C = cost of (B+C) - cost of B   .............1

put here value we get

differential cost of producing product C =  (28+24) - 28

differential cost of producing product C = $24 per pound

3 0
3 years ago
Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe
My name is Ann [436]

Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there​ aren't any jobs available. You would be counted as<u>  </u> <u>discouraged worke</u>r

Explanation:

<u>Suppose that you are available to go to work but have not looked for a job for at least the last four weeks because you believe that there​ aren't any jobs available. You would be counted as</u>

A <u>discouraged worke</u>r is an individual who has given up looking for employment even though they are perfectly eligible to take up a job but to the repeated failure in finding a job  they have then ceased their search for finding an employment.

Discouraged workers have stopped looking for employment opportunities because they feel that their is no job that suits their qualifications

Since they have stopped searching they are not included in the labor force hence when we see the statistics for unemployment these people are not included there also .So they are called <u>Discouraged Workers</u>

<u> The correct formula for calculating the unemployment​ rate</u>

<u>(</u>

<u> D) Neither formula is used to calculate the unemployment rate</u>

The formula for Unemployment rate is

==> U=Unemployed People/Labor force*100

<u></u>

7 0
3 years ago
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