Answer:
B. sell a "deep in the money" European style call of the stock
Explanation:
The difference between an American style call and a European style call is that the American style can be exercised any time before the expiration date, while the European style call is only exercised at the date of expiration.
The customer in this question, has a pre-defined point in time when he wishes to exit his long stock postion. Therefore he is selling a "deep in the money" European style call of the stock
Answer:
Havana's 2016 actual return on plan asset is $504 thousand.
Explanation:
Havana's 2016 actual return on plan asset is $504 thousand.
Let actual return be x.
Ending balance of plan assets = Beginning balance of plan asset + Actual return + Cash Contributions - Retiree benefits
$6,336 = $5,760 + x + $696 - $624
x = $6,336 - $5,760 - $696 + $624
x= $504 (answer).
Answer:
A
Explanation:
More money, more demand
people wouldn’t want to work long hours short pay
and with more money the Money has less value
Answer:
<u>Current Ratio :</u>
Camaro = 2.6
GTO = 3.5
Torino = 1.95
<u>Acid Test Ratio :</u>
Camaro = 1.3
GTO = 1.08
Torino = 0.84
Explanation:
The current ratio and acid-test ratio for each of the following separate cases will be as follows
Current ratio = Current Assets ÷ Current Liabilities
Camaro = 2.6
GTO = 3.5
Torino = 1.95
Acid Test Ratio = (Current Assets - Inventory) ÷ Current Liabilities
Camaro = 1.3
GTO = 1.08
Torino = 0.84
