I think that most of the people borrow money for large purchases instead of using a sinking fund because if you need money immediately borrowing money is a simple and easy thing, it takes less time whereas if you use sinking fund, it will take more time because for this you have to make plans earlier but it is a safe and protected method for clearing the debts.
Answer:
Buying stocks is the correct answer
Answer:
J1
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
J2
Merchandise $230 (debit)
Cost of Sales $230 (credit)
Explanation:
When Cullumber Company sells goods to Pharoah Company the entries to recognize the cost of sale and decrease in inventory will be :
Cost of Sales $3,770 (debit)
Merchandise $3,770 (credit)
When Pharaoh Company returns goods to Cullumber Company, the entries to de-recognize the cost of sale and recognize the replenishment of inventory will be :
Merchandise $230 (debit)
Cost of Sales $230 (credit)
Answer: 1.76
Explanation:
Given the following :
R=1.02,
S0 = 100
u=1/d= 1.05
Strike(k) = 102
Total Payoff = (probability of upside × upside Payoff) + (probability of downside × downside Payoff)
Upside Price = u × S0 = 1.05 × 100 = 105
downside Price = S0/u = 100/1.05 = 95.24
Upside Payoff = upside price - strike rate =(105 - 102) = 3
Upside probability :
[e^(r - q) - d] / u - d
E = exponential, q = Dividend (Dividend is 0, since the stock does not pay dividend)
d = 1/d = 1/1.05 = 0.9523809
e = 2.7182818
[2.7182818^(1.02% - 0) - 0.9523809] / (1.05 - 0.9523809)
[1.0102521 - 0.9523809] / 0.0976191
0.0578712 / 0.0976191
= 0.5928266
Probability of downside = 1 - p(upside)
P(downside) = 1 - 0.5928266
P(downside) = 0.4071733
Therefore, total Payoff =
(0.5928266 × 3) + (0.4071733 × 0)
= 1.7784798
European. Call option:
Total Payoff / (1 + r%)
1.7784798 / (1 + 1.02%)
=1.7784798/ (1 + 0.0102)
= 1.7784798 / 1.0102
= 1.7605224
= 1.76
The most accurate statement about posting complaints online is that it may make the complaints of the complainers seem irrational.
<h3>What does it mean by posting complaints online?</h3>
This has to do with the fact that people may decide to express their displeasures about certain issues through the use of social media.
The use of this may sometimes make the people seem irrational on the issues they have.
Read more on social media here:
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