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Finger [1]
3 years ago
11

You purchase one IBM March 120 put contract for a put premium of $10. The maximum profit that you could gain from this strategy

is _________.
A. $120
B. $1,000
C. $11,000
D. $12,000
Business
1 answer:
aev [14]3 years ago
6 0

Answer:

$11,000

Explanation:

One IBM March 20 put contract is purchased at a premium of $10

Therefore the maximum profit that will be gained from this strategy can be calculated as follows

= 100(120-10)

= 100(110)

= 11,000

Hence the maximum profit is $11,000

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Bob's GMI is $2,000 per month. He currently rents an apartment for $800 per month. Bob has a $199 monthly car lease and an $80 m
Murljashka [212]

Answer:

40/54

Explanation:

Bob's GMI = $2,000

Rent = $800

Car lease = $199

Credit card payment = $80

First, we'd calculate the percentage of his income that is his rent.

We have,

(800 ÷ 1000) x 100%

                             =40%

then we can calculate what percentage of his GMI is his spending

we have,

(800 + 199 + 80)  ÷ 2000

         (1079 ÷ 2000) × 100%

             = 0.54 × 100%

              = 54%.

This means that Bob's qualifying ratio is 40/54 i.e his housing/debt ratio.

With a qualifying ratio of 40/54, it is very impossible for him to get the smallest of mortgage loan product, etc.

Bob will need to find a co-borrower or another person that can lend a higher amount.

Cheers.

             

6 0
4 years ago
Twitter allows companies to reach consumers with ________.
ratelena [41]
Twitter allows companies<span> to promote their products in short messages known as tweets limited to 140 characters, therefore, the answer that would best complete the given statement above would be option B. </span>Twitter allows companies to reach consumers with s<span>hort, personal messages. Hope this answers the question.</span>
5 0
4 years ago
Read 2 more answers
What is outsourcing?
Annette [7]
To obtain (goods or a service) from an outside or foreign supplier.
5 0
3 years ago
Read 2 more answers
Which quality is a necessary component of creativity?
Helen [10]
Open-mindedness is the correct answer
7 0
3 years ago
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Describe the characteristics of sole proprietorships, partnerships, limited partnerships, and joint ventures
raketka [301]

Answer:

The characteristics of each business types are given below:      

Explanation:

<u>Sole Proprietorship</u> is the type of business in which the liability is limitless. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.

<u>Partnership</u> is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.

<u>Limited Partnership</u> is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable for compensation if their is still any amount left. The resources of all the partners help to grow the business and the best resource here is the partner's knowledge in the core operation of the business.

In the case of <u>Joint Venture</u>, two or more than two limited liability companies jointly invest in a single project by pooling their resources in it to gain maximum benefit out of the business. So as the limited liability companies are the partners in the joint venture, the liability is limited and the burden of the payment of the liability falls on the company partners. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.

4 0
3 years ago
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