Answer and Explanation:
The journal entries are shown below"
On Aug 26
Cash Dr $768,000
To Common stock $640,000
To Additional paid in capital $128,000
(Being issuance of the common stock is recorded)
On Oct 1
Cash Dr $410,000
To preferred stock $410,000
(Being the issuance of the preferred stock is recorded)
On Nov 30
Cash Dr $187,000
To Common stock $170,000
To Additional paid in capital $17,000
(Being issuance of the common stock is recorded)
Anyone interested in starting a new business should focus on developing an accurate and compelling business plan - TRUE. To start a new business, a plan is a must because if you do not have steps to follow, the business will likely crumble before it's even launched. Making sure you are developing a well written plan and following the steps leads to a better chance of success.
Answer:
Check explanation.
Explanation:
A call option hedge ratio shows how an option price with respect to price changes in the underlying stock. A call option hedge ratio is used in determining the number of shares of stocks to hedge an option position.
We have Call option with the following characteristics:
X = 50; T=1 year; standard deviation = 20%; T-bill rate = 3%.
Hedge ratio = N(d1) from the Black-Scholes equation
For S=$45, d1 = -0.0268 and N(d1) =0.489309.
For S = $50, d1 = 0.5 and N(d1) = 0.6915.
If S = $55, d1 = 0.97655 and N(d1) = 0.8356.
From the above values obtained, it means that the price of the call option becomes more sensitive to changes in the price of the stock at higher stock prices.
Answer:
explanation below
Explanation:
Zappos is a known online clothing and shoe retailer founded in 1999 in the United States of America. The company was bought over by Amazon ten years later and the people at Zappos are of the opinion that the 80/20 rule would be best in building relationships.
It is fine to spend 20% of your time to know the employees that work with you in other to build outstanding relationships that would pay off in the future for you, your employees and your entire team.
When you know your employees better, identifying their strengths and weaknesses, you would be better positioned to manage them effectively.