Answer:
Net profit is more important to consider because it accounts for all the costs associated with making and selling the product and it includes the operating expenses that are excluded from gross profit. Gross profit is the profit made after deducting costs associated with making and selling its products, or the costs associated with providing its services.
Answer:
False
Explanation:
Strong emotions, especially violent or vengeful ones like anger, can cloud logical judgement and cause inappropriate outbursts. Writing an email while angry, especially in a professional environment, can have consequences and affect the receiver's impression of you. It is better to wait until the anger has subsided so you can explain why you may disagree politely, or choose the best course of action with a clear mind.
Answer: II and III
Explanation:
From the question, we are informed that a customer has a fully paid options position and is long marginable stock and that subsequently he receives a margin call on his long stock position.
The statements that are true are that the customer cannot borrow against the long options contracts to satisfy the margin call and the long option contracts have a loan value of 0%.
Therefore, option C is the right answer.
