What are the options but I would assume it depends on how young they are
Answer: 0
Explanation:
From the question, we are informed that a customer has an existing short margin account and wants to write five covered puts against 500 shares of stock that are short in the account.
Based on the above scenario, the margin requirement to write the puts will be zero. This is due to the fact that there is no risk that is attached to the short calls.
Answer:
Insurance reduces one asset and increases another
Purchase of supplies on account increases liabilities and increases asset
Receipt of unpaid utility bill increases liability and reduces capital
Payment of accrued utility bill reduces asset as well as liability
Explanation:
The purchase of 36-month insurance brings about increase in asset,insurance prepayment and reduction in another asset,cash.
The purchase of supplies on account brings about increase in liability,accrued liabilities or other accounts payable as well as increase in asset,inventory of supplies.
The receipt of utility bill yet to be paid,increases liability,accrued expenses and reduces capital,since an increase in expenses reduces retained earnings which is an integral part of capital
Payment of utility reduces asset,cash and at the same time reduces liability,accrued expenses
Answer:
A) freedom of conscience
Explanation:
freedom of conscience involves the ability of one to follow his/ thought, to go with ones believe.
In the case of Kent, who is a manager at ITP Inc. that was required to sign a contract with a new supplier and refused to sign a contract because of the adverse effects such as pollution that could bring to the river here symbolize freedom of conscience by Kent because it is against his believe and thought
Answer:
(A)
240,000 margin of safety in dollars
20% as percent of sales
(B)
actual sales= 11,250,000
Explanation:
1,200,000 - 960,000 = 240,000 margin of safety in dollars
240,000/1,200,000 = 0.2 x 100 = 20%
For B we will determinate the BEP in dollars and then add the 20% margin of safety.
BEP = 9,375,000
BEP x ( 1+margin of safety) = actual sales
BEP x (1 + 20%) = 11,250,000
