A customer who is long 1 OEX may 315 call exercises the contract on this day. the customer will receive $58.00. Option A
This is further explained below.
<h3>What is called exercises?</h3>
Generally, If you possess a call option and the current stock price is greater than the strike price, it makes financial sense for you to execute your call option at this time.
You are able to make a profit by purchasing the stock at a lower price so that you can either instantly resell it to the market at a higher price or keep it for the long term.
In conclusion, On this day, a client who is long 1 OEX and has a 315 call option on the contract may execute it. The total amount that the client will get is $58.00. Alternative A
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Answer:
Please refer the reason in detail below
Explanation:
For state and local government entities, additional standards are promulgated by the Governmental Accounting Standards Board ("GASB") and for the federal government, additional standards are promulgated by the Federal Accounting Standards Advisory Board ("FASAB").
GASB considers budgetary comparisons as an important part of the basic financial statements and financial reporting and therefore include budgetary comparisons in their concept statements
Answer:
Answer sheet required more space then was available so I attached it as a picture.
<span>The triple bottom line(tbl) was introduced back in the 20th century, and the TBL era refers to the early 21st century. The TBL is used to measure a company's degree of social responsibility, economic value, and environmental impact, which are the three things considered most important to a company.</span>
Answer:
Number of shares outstanding on December 31, 20X1:
Number of shares issued 75,000 shares
Less: Number of shares repurchased <u>5,000</u> shares
Number of shares outstanding <u>70,000</u> shares
Explanation:
The number of shares outstanding on December 31, 20X1 is the difference between the number of shares issued and the number of shares repurchased by the company and held as treasury stock.
