A book or record in which certain types of transaction are recorded before becoming part of the double-entry book-keeping system. The most common books of prime entry are the day book, the cash book, and the journal
Answer:
$65
Explanation:
The computation of the break even price for this position is shown below:
Break even price is
= Strike price - premium
= $70 - $5
= $65
The stock goes upward to $65 so you lose only $5 but it falls than the stock would be $0
Hence, the break even price of this position is $65
Therefore by applying the above formula we can get the break even price and the same is to be considered
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Answer: A) global approach; local approach
Explanation: An organizational structure of a firm is defined as a system that is employed to define hierarchy or ranking within the organization. It helps identifies each job, its function, where it reports to within the organization as well as superiority between employees based on their status, authority or some other trait. A structure when developed aims to establish how the organization operates to execute its goals.
While a global organizational structure is the way a company aims to merge local preferences with global strategy and also integrates activities on a coordinated worldwide basis, the local approach to organizational structure differentiates activities in each country served wherein the organization exists.
