Answer:
B.
Explanation:
It seems most reasonable.
Answer:
$9.00.
Explanation:
The computation of the value of a put option is shown below:
Data provided in the question
Current price of the stock = $50
Risk free rate = 6%
Strike price = $55
Sale price = $7.20
Based on the above information
The value of put option is
Put = V - P + X exp(-r
t)
= $7.20 - $50 + $55 e
RF - 0.06(1)
= $7.20 - $50 + $51.80
= $9.00
Hence, the value of put option is $9
Answer:
Option B
Explanation:
In simple words, cash flow statement refers to the financial statement in which an organisation depicts its sources and uses of cash for a specified period of time such as month or an year.
In this statement the inflows and outflows are categorized into three categories. Any cash flow from core business activities is grouped into operating activities section. Whereas cash flows from sale and purchase of machinery is categorized as cash flow from investing activities while transactions related to shareholders is recorded in financing activities section.
Answer:
The correct answer is Option B.
Explanation:
Obsolescence of an asset occurs when the value of an asset has reduced drastically due to radical technological innovation or there is now a better technique used in the production process that renders the old equipment worthless or less productive.
The appropriate journal entries to record the disposal of the asset are:
Debit Accumulated Depreciation – Equipment $30,000
Debit Loss on Disposal of Plant Equipment $45,000
Credit Plant Equipment $75,000
<em>(To record disposal of an asset) </em>
Note that the proceed on the disposal is zero since the organization did not put up the asset for sale.
Answer:
business or person that carries out work for a company as part of a larger project.
Explanation:
A hun