Answer: $498
Explanation:
A Put is an option that will only be exercised if the price of the underlying security which is the stock in this case, falls below the current price of $58.
This means that we will not include the 70% chance of increase in our calculation.
In a contract, there are 100 shares.
Expected profit = Contract price - (Prob. of dropping by 10% * 10% of stock) - (Prob. of dropping by 20% * 20% of stock)
= 730 - ( 20% * 10% * 58 * 100) - (10% * 20% * 58 * 100)
= 730 - 116 - 116
= $498
Answer:
supplies expense 800 debit
supplies 800 credit
--to record year-end adjustment on supplies used--
Explanation:
we will adjust for the amount of supplies consumed over the period:
1,200 beginning - 400 ending = 800 consumed.
We are going to decrease the assets account supplies and recognize na expense account to represent the use of the supplies.
The assets will be credited as is decreasing and the expense debit to make debit = credit
Answer:
The correct answer is letter "C": Law of small numbers.
Explanation:
The law of small numbers is a false conclusion people come up with by comparing a small sample with the total population from where the sample is drawn. In other words, it is a mistake people make by assuming just because something happened randomly positive or negative all the events will be positive of negative - what corresponds. All other variables affecting that event are left behind by this judgment.
<em>Therefore, believing that every day we could book ten sales only because it worked that way for some time is a mistake since it is based only on the positive aspects of that event without considering that at a certain point consumers may find a substitute or can be simply bored of the product. This reflects the law of small numbers.</em>
Answer:
Olivia keeps her work desk neat and arranges her files in alphabetical order. She’s demonstrating the professional habit of organization . Chang provides support to his coworkers when they need to interpret the computer codes in some records. He’s demonstrating the professional habit of adaptability .
Explanation:
Answer: B) Owners can refuse to rent to prospects who have long hair and ride motorcycles.
Explanation:
The 1968 Federal Fair Housing Laws established that it is illegal to discriminate or refuse housing to a person based on <em>race or color; religion; national origin; familial status or age—includes families with children under the age of 18 and pregnant women; disability or handicap, or sex. </em>
Option A would be considered as a violation of the no discrimination based on race stipulation of the law.
Option C would be a violation of the no discrimination based on sex stipulation of the law.
And Option D would be a subtle violation but nonetheless a violation of the no discrimination based on race stipulation.
Option B is the only option that doesn't seem to break any of the stipulations of the 1968 act.