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spayn [35]
3 years ago
11

A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in th

e afternoon. The premium paid on the call is $7.55. What is the net profit or loss from buying the call just prior to 4 pm on November 18 if at this time the stock price per share of MassComputer is:
Business
1 answer:
stepan [7]3 years ago
5 0

Answer:

$3.17

-$7.55

Explanation:

The calculation of stock price per share of Mass Computer is shown below:-

here, Stock price higher than strike price option will be exercised.

Net profit = Stock price - Strike price - Option premium

= $110.72 - $100 - $7.55

Net profit = $3.17

Stock price is lower than the strike price option will fail.

Net profit = Stock price - Strike price - Option premium

= 0 - $7.55

Net profit(loss) = -$7.55

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Which of the following is one of the main things to consider when evaluating a business opportunity?
nikitadnepr [17]
<h2>Answer</h2>

D) Customer demand for the product

<h3>Explanation</h3>

For a business opportunity to prosper and grow ahead, it is imperative that the offered product or service has actual demand present. If the demand is present, the sales will be automatically achieved. This will result in higher sales and therefore more generation of profits in the future. Without optimal demand present in the economy, it is not worth putting time and efforts in a business.

7 0
3 years ago
Read 2 more answers
Identify and describe the three steps that the team should follow in order to define project scope and create a project scope st
kirill115 [55]

Answer:  Define Project Needs, Understand the Project Objectives, Define the Project Scope

Explanation: Project Scope is defined as the work that needs to be accomplished to deliver a product, service, or result with the specified features and functions.

The scope of the project should have a tangible objective for the organization that is undertaking the project

There are 3 main steps of project scope and they are:

1. Define Project Needs

2. Understand the Project Objectives

3. Define the Project Scope

Scope statement are the documentation of the scope of the project will explain the boundaries of the project, establish the responsibilities of each member of the team and set up procedures for how the work that is completed will be verified and approved.

6 0
3 years ago
During 2020, Sarasota Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sarasota for
vfiekz [6]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

Gross profit = Sales - Cost of goods sold

= (440 x 90 + 220 x 80 + 264 x 50) - (440 x 56.7 + 220 x 50.4 + 264 x 31.5)

= (39,600 + 17,600 + 13,200) - (24,948 + 11,088 + 8,316)

= 70,400 - 44,352

= $26,048

Ending inventory schedule attached in the excel archive

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
8 0
3 years ago
Esquire Inc. uses the LIFO method to report its inventory. Inventory at January 1, 2021, was $888,000 (37,000 units at $24 each)
kvv77 [185]

Answer:

the ending inventory and cost of goods sold for 2021 based on a periodic inventory system is $816,000 and $3,378,000 respectively

Explanation:

The computation is shown below

Cost of goods sold is

= (117,000 units - 114,000 units) × $24 + 114,000 units × $29

= 3,000 units × $24 + 114,000 units × $29

= $72,000 + $3,306,000

= $3,378,000

And, the ending inventory is

= (37,000 units - 3,000 units) × $24

= $816,000

Hence, the ending inventory and cost of goods sold for 2021 based on a periodic inventory system is $816,000 and $3,378,000 respectively

7 0
3 years ago
Which statement best explains the decrease in manufacturing jobs over the next few years?
Anastaziya [24]

The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.

<h3>Manufacturing trend in developed countries </h3>
  • Large companies are outsourcing manufacturing services to other nations.
  • This is usually to save costs and to avoid certain regulatory oversight.

As a result of these jobs being shipped abroad, manufacturing jobs in developed countries are suffering and will decrease in the next few years.

In conclusion, option B is correct.

Find out more on manufacturing jobs at brainly.com/question/25553251.

7 0
2 years ago
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