Answer:
$53
Explanation:
Call option is $3
Exercise price is $50
The stock is currently priced at $49
It rises to $55 on the expiration date
Therefore the cost price at which the speculator will break even can be calculated as follows
= ($50-$3)+($55-$49)
= $47 + $6
= $53
Answer: A person with passion typically exudes confidence, and confidence creates value for themselves and others by leading the way, not showing the way.
Professionals who are confident are great leaders and earn the respect and confidence of others. Passion creates excitement.
Answer:
Economic profit= $24,740
Explanation:
Giving the following information:
Jane grows apples on land she inherited from her grandmother. She incurs explicit costs of $200 for the trees and $60 for fertilizers. The market price of apples is $36 per box. At this price, Jane produces 1,500 boxes of apple.
Suppose her land is worth $9,000 and her labor is worth
$20,000.
Sales= 54,000
Fixed costs= 260
Opportunity cost= 29,000
Economic profit= $24,740
Gross Profit = Revenue - Cost of Goods Sold is the formula for calculating gross profit.
<h3>What is Gross profit?</h3>
Gross profit is the amount of money your company makes after paying its expenses. Your net profit is your earnings after all expenses have been paid. The money that remains after an organization has paid for the products and services it sold is known as gross profit. The amount that is left over after all costs and taxes have been paid is the company's net profit.
The profit a company makes after deducting all of the expenses involved to producing and offering its goods or services is known as gross profit. The cost of goods sold (COGS) is subtracted from your total sales to determine gross profit.
To learn more about Gross profit from the given link:
brainly.com/question/18567528
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Answer:
$604,035
Explanation:
The computation of the direct materials purchases budget is shown below:-
Total Wax Required 490,625 Pounds
(785,000 × 10 ÷ 16)
Add: Ending Inventory 125,00 Pounds
Total Units Available 503125 Pounds
Less: Beginning Inventory 16,000 Pounds
Total Pounds to be Purchased 487,125 Pounds
Unit Price $1.24 per Pounds
Total Direct Materials Purchased $604,035
(487,125 × $1.24)
