Answer:
B. Floor Broker
Explanation:
Floor brokers on the Chicago Board Options Exchange ( CBOE ) accept orders from member firms for execution. Orders are filled under an open outcry auction system in the trading "pits."
Market makers maintain bid and ask quotes in options contracts.
Order book officials maintain the book of public orders that cannot be immediately filled.
The methods that show the property sheet is on the form tools design tab, in the Tools group, click property sheet and press the F4 function.
<h3>What is a property sheet?</h3>
A property sheet refers to the window that allows the user to view and edit the properties of an item.
The method that shows the property sheet is on the form tools design tab in the Tools group, click the property sheet and press the F4 function key.
Therefore, B, and D are the correct option.
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Answer:
D) $500 loss
Explanation:
The computation of the realized value on the investment is shown below:
= Number of shares × premium
= 100 shares × $5
= $500 loss
Since the call is for 125 shares for $125 and the selling price per share is $123 due to which the contract is not implemented. So the premium amount would be recorded as a loss of $500
The correct answer is business license.
Business license is an authorization from the local government to carry on an enterprise. Business license is needed by all operating businesses in all geographical location. Without a business license, an operating business can be closed down by government authorities with corresponding penalties.
Answer:
The closing process is necessary in order to confirm that net income or net loss and owner withdrawals for the period are closed into the owner's capital account.
Explanation:
Most economies around the world follow a specific accounting period which is commonly referred to as financial year or tax year. Before a new financial year begins, the accounts from the ongoing financial year have to be closed legitimately through a process called the 'closing process'. This process culminates in confirming that the net income secured or the net loss bore by the owner is included in no other account than the owner's capital account.
In order to carry out the closing process, the accountant has to commence with identifying the accounts that are required to be closed with or before the ending of the predefined financial period. He then has to record the last entries in these accounts as 'closing entries'. Once the accounts are closed, he has to calculate the trial balance and interpret the outcome. Closing of temporary accounts through a valid closing process dispenses the ease of calculating profit and loss in any given financial period coming to end.
