Answer:th answer is $500 profit
Explanation:
Call premium =$4
Selling ibm july 90 call= C 90
Put premium = $3
2 IBM july put =2 P90
Initial income = (c90 + 2p90)*100 =(4+(2*3))*100 =$1000.00
Position value when final stock price =$95
Final stock income -initial stock income =position value(profit)
Profit =[-max(95-90) + 2max(90-95)]*100 + $1000 =$500 profit
The effect that a drop in price will most likely have is increase the quantity demanded of goods.
If something becomes cheaper than it used to be, people are going to buy more of it because it is cheap now. Thus, the demand for that particular good will rise.
Answer: Analytical CRM
Explanation:
There are mainly three types of CRM applications, Operational, Analytical and Collaborative to perform all these activities.
Answer:
Design
Explanation:
In Simon model of decision making process there are four phases
• Intelligence
• Design
• Choice
• Implementation
- Intelligence phase: In this phase problem, situation and opportunity is being identified. The variable is identified which impacts the decision.
It is based on the objective of organization and project
- Design phase: This is the phase in which a model for decision is being created. It is done by identifying relation between the variable of decision-making process. Their relationship is established and then model is constructed. Based on the model various alternative of decision is created. The outcome for each decision option is also predicted and
- Choice phase: Based on model prepared by design phase. Various alternative of decision is created. In this phase the best decision is chosen which helps in attaining the objective most productively.
- Implementation phase: based on choice made. The action and activities of the decision is applied to situation or the opportunity.
In the problem defined the phase which is being discussed is one in which criteria of decision , alternative for meeting and relationship between choice and criteria is evaluated which corresponds to design phase as discussed in the above model.
Answer:
Debit Supplies expense $5,880
Credit Supplies account $5,880
Being entries to record the amount of supplies used between 2 June and 30 June.
Explanation:
The purchase of laundry supplies yet to be used is a transaction that gives rise to an asset (inventory). The purchase is recorded as a debit to supplies and a credit to either cash or accounts payable.
When the supplies are used, the entries required to recognize the use are debit supplies expenses and credit supplies account (earlier debited at purchase)
If the purchase on 2 June is $7140, and on 30 June amount left is $1260
Amount of supplies used = $7140 - $1260
= $5880