Answer:
B) $1,187.50
Explanation:
The computation of the total profit or loss on this investment is given below:
Expiration price = 1061'4 = 1061 + 4 ÷ 8 = 1061.50
Quoted price = 1056'6 = 1056 + 6 ÷ 8 = 1056.75
Now the profit is
= (1061.50 - 1056.75) × 5000 × 5
= $1,187.50
Hence, the profit on this investment is $1,187.50
Answer:
Administrative Law
Explanation:
Administrative Law are the norms and rules that the government agencies and companies that interact with them must follow
Answer:
$332,000
Explanation:
Given that,
Liabilities = $87,000
Common stock = $ 145,000
Revenue = $ 462,000
Expenses = $ 318,000
Dividends = $ 44,000
Total assets = Liabilities + Common stock + Revenue – Expenses – Dividends
= $87,000 + $ 145,000 + $ 462,000 - $ 318,000 - $ 44,000
= $ 694,000 - $ 362,000
= $332,000
Therefore, the amount of Blue Spruce Company’s total assets is $332,000.
